Chat Logs - March 2009
09:32 karen: gm everyone
09:32 myptofvu: good morning Karen
09:32 palmer: morning gang
09:33 gila: gm everyone
09:37 VO: l @ 68.25
09:37 VO: stop 66.75
09:39 VO: flat
09:39 PashaLV: Morning, friends !
09:40 Margie: Good Morning:)
09:41 palmer: 68.50
09:41 palmer: long
09:41 palmer: 66.50 stop
09:43 palmer: hmm
09:43 palmer: -2
09:45 VO: l@ 68.50
09:46 VO: 1 @ 70
09:47 VO: stop 69
09:48 VO: fllat 70.50
09:50 VO: s 1 @ 69.75
09:51 VO: stop 71
09:52 VO: will reverse with buy signal
09:57 prestwickdrive: 65.25 is .62 of yesterday's range fwiw
09:57 VO: stop 68.50
09:58 Margie: I had a 15 min at 65.5, 2 candle
10:02 VO: flat
10:18 PashaLV: l@ 65.75
10:23 VO: buying 63 if they get there
10:36 VO: l @ 63
10:37 palmer: what are bigs doing??
10:39 palmer: thanks
10:41 PT: good morning :)
10:41 PashaLV: Morning PT
10:41 Margie: howdy
10:48 LordAlfa: GM
10:48 PT: gm LA
10:48 LordAlfa: Looks like they are selling
10:49 feng456: gm
10:50 VO: 1 @ 65
10:51 VO: flat 65
10:53 gila: reverse short financials skf now down foeday
10:54 gila: aig up 255 bac up c up gs down
10:54 gila: 897,10 gold down 18.8
10:55 gila: tbt which is short 20 year is down 1.4%
10:55 gila: np tlt tip up
10:56 gila: inflatin was up in retail prices today
10:57 gila: sorry 4 typos
10:57 gila: today oil finaslly dropped
11:00 Margie: :)
11:01 koolblue: take note....7 waves down on the 1 min chart...hourly and 15 min deadly proj was 762.00 and apparently was achieved
11:03 koolblue: selling one
11:03 VO: s @ 68.50
11:04 koolblue: short from 768.50
11:06 koolblue: looking for 765.25-766.25 here
11:20 VO: flat 67
11:22 VO: l 1 @ 66.75
11:27 LordAlfa: S 67.50
11:32 LordAlfa: stop 67.25
11:33 koolblue: chart posted
11:33 LordAlfa: stopped
11:35 koolblue: sold 767.25
11:36 VO: flat 68
11:38 LordAlfa: S 67.50
11:39 koolblue: covered one at 766.00
11:39 koolblue: plus 1.25...and holding the other
11:39 einstein: proj here is 65ish
11:40 einstein: mini low 1144ish
11:42 koolblue: out the other at 765.50...plus 1.75 there...up 4.5 now on the day
11:42 LordAlfa: stop 68.50
11:43 PashaLV: byu order @ 64
11:43 einstein: 764 projection I have from 5 min chart
11:44 palmer: yep
11:44 palmer: +1400
11:47 VO: l 1 @ 66.50
11:49 VO: stop be
11:52 VO: flat
11:52 koolblue: short from 767.25
11:55 koolblue: out at 766.75..plus 0.5...up 5 on the day
11:57 PashaLV: S@ 68.75
12:00 PashaLV: stop 69.75 target 64
12:01 VO: s 1 @ 69
12:02 PashaLV: stopped
12:03 koolblue: selling 771.50
12:03 VO: stopped 70.25
12:03 LordAlfa: 6.5B usd buy
12:04 LordAlfa: Big Blue buys purple
12:05 VO: s 1 @ 72
12:05 koolblue: short from 771.50
12:13 PDQ: .....Small Bull Flag forming............1 minute Grail Buy setting up.......
12:13 koolblue: out at b.e....loking for 773.25-773.75
12:14 PDQ: 1 minute 20 EMA at 770.25
12:16 PT: bbal
12:19 karen: just fwiw, I'm listening to the sqwuak/pit, very very quiet in there right now...will be probably up until FOMC announcement
12:20 gila: finjancials hod
12:20 prestwickdrive: ty karen
12:21 koolblue: short from 773.25
12:21 karen: yw
12:22 prestwickdrive: +50% or = 74.0
12:23 LordAlfa: 15 min proj 1100 is 778
12:25 LordAlfa: The big bar at 1100hr
12:26 LordAlfa: do we use that?
12:27 LordAlfa: ok
12:33 koolblue: out at 771.50...plus 1.75 there...now up 6.75 on the day
12:37 gila: obama n tv again
12:38 gila: speaking now
12:38 palmer: politicians are the new movie stars
12:38 VO: flat 770
12:42 koolblue: l @769.25, one es
12:47 koolblue: out at 771.00...plus 1.75 on that little scalp
12:47 koolblue: up 8.5 on the day
12:52 gila: finished speaking
12:53 parson: good
12:58 koolblue: selling 771.00
12:58 koolblue: short one at 771.00
13:00 koolblue: short 2 @ avg price of 772.25
13:12 prestwickdrive: singles 74.75-77.0, 100% ib = 77.5, yest hi 77.0, gap fill 75.25
13:12 LordAlfa: 261=74.50 of the small abc from the bottom
13:13 LordAlfa: 333=76.75 423=79.75
13:15 LordAlfa: looks like more upside coming
13:15 koolblue: out boyh at 772.25... b. e.
13:53 LordAlfa: On the bigger abc I have noticed. 161=778, 15 min proj using the big bar at 1100hr also 778
13:55 LordAlfa: proj using 1300 and 1345 = 83.50
13:55 gila: aig hearing fed 215
13:56 gila: skf short financials lowest in months
13:57 VO: s 1 @ 75.75
14:01 LordAlfa: L 75
14:03 prestwickdrive: fomc in 15 min
14:05 LordAlfa: stopped
14:05 VO: flat 73.25
14:08 palmer: 7 wave us on the 5 min it looks like
14:08 palmer: waves up
14:19 gila: fed imminently
14:19 gila: no change
14:20 John: Euro exploding.
14:20 VO: s 1 @ 85
14:20 gila: unanimous
14:21 LordAlfa: Look at that rocket
14:21 LordAlfa: 261 met for the upside abc
14:22 VO: flat 82
14:22 gila: tbt dropping
14:23 LordAlfa: And it was so quick I could put a sell on 83.50 for a 2pt scalp down
14:23 LordAlfa: I mean I couldn't
14:24 gila: nq as hi as 1221
14:25 LordAlfa: 333=92.25, 423=799.25
14:25 gila: gold almost flat
14:27 VO: s 1 @ 94.25
14:29 VO: flat 91.50
14:30 gila: gold went from 881to 926
14:34 VO: s 1 @ 90
14:34 VO: flat be
14:35 VO: s 1 @ 89.25
14:36 VO: stop be
14:37 VO: flat 86
14:51 LordAlfa: L91.25
14:52 LordAlfa: stop be +1
14:52 LordAlfa: Experimenting with a new technique from my forex friends in StandChart
14:53 LordAlfa: With the help of the abc for the target
14:53 LordAlfa: 261=800
14:58 LordAlfa: target 801.50 then
14:58 LordAlfa: stop 93.25
14:59 palmer: short800
15:00 palmer: looking for 96.50
15:02 palmer: out
15:02 palmer: +3.50
15:06 LordAlfa: stopped
15:09 John: Another new LOD for USD.
15:13 Robin: nice trade PT
15:14 Robin: was wondering where you were Kool :)
15:29 VO: s 1 @ 86
15:34 VO: stop be
15:38 VO: flat
15:40 VO: s 1 @ 82.75
15:42 VO: flat
15:43 koolblue: long one at 783.50...covered 786.50
15:54 koolblue: selling790.50
16:01 Margie: Have a good night, everyone. See you tomorrow. Good luck...
16:03 gila: orcl announced hod
16:04 PashaLV: Have a nice evening, guys! I'm off !
16:08 gila: orcl div too beat street up almost 9%
16:13 palmer: what's tick
16:14 palmer: closing today
16:14 gila: quad option expir fri
16:14 palmer: wow
16:14 palmer: again
16:14 palmer: geez
16:14 palmer: 4 times in a week
16:14 palmer: tuesday thursday
16:15 palmer: and yesterday
16:15 palmer: now today
16:16 palmer: :)
16:16 palmer: scaling one tick
16:16 palmer: :)
16:16 palmer: scalping
16:16 palmer: right
16:16 palmer: crazy
16:17 palmer: well there will always be something to trade
16:17 palmer: gold up $60 from lows
16:17 palmer: geez
16:18 Haku: bye, all
16:19 PT: take care Haku
09:32 myptofvu: good morning Karen
09:32 palmer: morning gang
09:33 gila: gm everyone
09:37 VO: l @ 68.25
09:37 VO: stop 66.75
09:39 VO: flat
09:39 PashaLV: Morning, friends !
09:40 Margie: Good Morning:)
09:41 palmer: 68.50
09:41 palmer: long
09:41 palmer: 66.50 stop
09:43 palmer: hmm
09:43 palmer: -2
09:45 VO: l@ 68.50
09:46 VO: 1 @ 70
09:47 VO: stop 69
09:48 VO: fllat 70.50
09:50 VO: s 1 @ 69.75
09:51 VO: stop 71
09:52 VO: will reverse with buy signal
09:57 prestwickdrive: 65.25 is .62 of yesterday's range fwiw
09:57 VO: stop 68.50
09:58 Margie: I had a 15 min at 65.5, 2 candle
10:02 VO: flat
10:18 PashaLV: l@ 65.75
10:23 VO: buying 63 if they get there
10:36 VO: l @ 63
10:37 palmer: what are bigs doing??
10:39 palmer: thanks
10:41 PT: good morning :)
10:41 PashaLV: Morning PT
10:41 Margie: howdy
10:48 LordAlfa: GM
10:48 PT: gm LA
10:48 LordAlfa: Looks like they are selling
10:49 feng456: gm
10:50 VO: 1 @ 65
10:51 VO: flat 65
10:53 gila: reverse short financials skf now down foeday
10:54 gila: aig up 255 bac up c up gs down
10:54 gila: 897,10 gold down 18.8
10:55 gila: tbt which is short 20 year is down 1.4%
10:55 gila: np tlt tip up
10:56 gila: inflatin was up in retail prices today
10:57 gila: sorry 4 typos
10:57 gila: today oil finaslly dropped
11:00 Margie: :)
11:01 koolblue: take note....7 waves down on the 1 min chart...hourly and 15 min deadly proj was 762.00 and apparently was achieved
11:03 koolblue: selling one
11:03 VO: s @ 68.50
11:04 koolblue: short from 768.50
11:06 koolblue: looking for 765.25-766.25 here
11:20 VO: flat 67
11:22 VO: l 1 @ 66.75
11:27 LordAlfa: S 67.50
11:32 LordAlfa: stop 67.25
11:33 koolblue: chart posted
11:33 LordAlfa: stopped
11:35 koolblue: sold 767.25
11:36 VO: flat 68
11:38 LordAlfa: S 67.50
11:39 koolblue: covered one at 766.00
11:39 koolblue: plus 1.25...and holding the other
11:39 einstein: proj here is 65ish
11:40 einstein: mini low 1144ish
11:42 koolblue: out the other at 765.50...plus 1.75 there...up 4.5 now on the day
11:42 LordAlfa: stop 68.50
11:43 PashaLV: byu order @ 64
11:43 einstein: 764 projection I have from 5 min chart
11:44 palmer: yep
11:44 palmer: +1400
11:47 VO: l 1 @ 66.50
11:49 VO: stop be
11:52 VO: flat
11:52 koolblue: short from 767.25
11:55 koolblue: out at 766.75..plus 0.5...up 5 on the day
11:57 PashaLV: S@ 68.75
12:00 PashaLV: stop 69.75 target 64
12:01 VO: s 1 @ 69
12:02 PashaLV: stopped
12:03 koolblue: selling 771.50
12:03 VO: stopped 70.25
12:03 LordAlfa: 6.5B usd buy
12:04 LordAlfa: Big Blue buys purple
12:05 VO: s 1 @ 72
12:05 koolblue: short from 771.50
12:13 PDQ: .....Small Bull Flag forming............1 minute Grail Buy setting up.......
12:13 koolblue: out at b.e....loking for 773.25-773.75
12:14 PDQ: 1 minute 20 EMA at 770.25
12:16 PT: bbal
12:19 karen: just fwiw, I'm listening to the sqwuak/pit, very very quiet in there right now...will be probably up until FOMC announcement
12:20 gila: finjancials hod
12:20 prestwickdrive: ty karen
12:21 koolblue: short from 773.25
12:21 karen: yw
12:22 prestwickdrive: +50% or = 74.0
12:23 LordAlfa: 15 min proj 1100 is 778
12:25 LordAlfa: The big bar at 1100hr
12:26 LordAlfa: do we use that?
12:27 LordAlfa: ok
12:33 koolblue: out at 771.50...plus 1.75 there...now up 6.75 on the day
12:37 gila: obama n tv again
12:38 gila: speaking now
12:38 palmer: politicians are the new movie stars
12:38 VO: flat 770
12:42 koolblue: l @769.25, one es
12:47 koolblue: out at 771.00...plus 1.75 on that little scalp
12:47 koolblue: up 8.5 on the day
12:52 gila: finished speaking
12:53 parson: good
12:58 koolblue: selling 771.00
12:58 koolblue: short one at 771.00
13:00 koolblue: short 2 @ avg price of 772.25
13:12 prestwickdrive: singles 74.75-77.0, 100% ib = 77.5, yest hi 77.0, gap fill 75.25
13:12 LordAlfa: 261=74.50 of the small abc from the bottom
13:13 LordAlfa: 333=76.75 423=79.75
13:15 LordAlfa: looks like more upside coming
13:15 koolblue: out boyh at 772.25... b. e.
13:53 LordAlfa: On the bigger abc I have noticed. 161=778, 15 min proj using the big bar at 1100hr also 778
13:55 LordAlfa: proj using 1300 and 1345 = 83.50
13:55 gila: aig hearing fed 215
13:56 gila: skf short financials lowest in months
13:57 VO: s 1 @ 75.75
14:01 LordAlfa: L 75
14:03 prestwickdrive: fomc in 15 min
14:05 LordAlfa: stopped
14:05 VO: flat 73.25
14:08 palmer: 7 wave us on the 5 min it looks like
14:08 palmer: waves up
14:19 gila: fed imminently
14:19 gila: no change
14:20 John: Euro exploding.
14:20 VO: s 1 @ 85
14:20 gila: unanimous
14:21 LordAlfa: Look at that rocket
14:21 LordAlfa: 261 met for the upside abc
14:22 VO: flat 82
14:22 gila: tbt dropping
14:23 LordAlfa: And it was so quick I could put a sell on 83.50 for a 2pt scalp down
14:23 LordAlfa: I mean I couldn't
14:24 gila: nq as hi as 1221
14:25 LordAlfa: 333=92.25, 423=799.25
14:25 gila: gold almost flat
14:27 VO: s 1 @ 94.25
14:29 VO: flat 91.50
14:30 gila: gold went from 881to 926
14:34 VO: s 1 @ 90
14:34 VO: flat be
14:35 VO: s 1 @ 89.25
14:36 VO: stop be
14:37 VO: flat 86
14:51 LordAlfa: L91.25
14:52 LordAlfa: stop be +1
14:52 LordAlfa: Experimenting with a new technique from my forex friends in StandChart
14:53 LordAlfa: With the help of the abc for the target
14:53 LordAlfa: 261=800
14:58 LordAlfa: target 801.50 then
14:58 LordAlfa: stop 93.25
14:59 palmer: short800
15:00 palmer: looking for 96.50
15:02 palmer: out
15:02 palmer: +3.50
15:06 LordAlfa: stopped
15:09 John: Another new LOD for USD.
15:13 Robin: nice trade PT
15:14 Robin: was wondering where you were Kool :)
15:29 VO: s 1 @ 86
15:34 VO: stop be
15:38 VO: flat
15:40 VO: s 1 @ 82.75
15:42 VO: flat
15:43 koolblue: long one at 783.50...covered 786.50
15:54 koolblue: selling790.50
16:01 Margie: Have a good night, everyone. See you tomorrow. Good luck...
16:03 gila: orcl announced hod
16:04 PashaLV: Have a nice evening, guys! I'm off !
16:08 gila: orcl div too beat street up almost 9%
16:13 palmer: what's tick
16:14 palmer: closing today
16:14 gila: quad option expir fri
16:14 palmer: wow
16:14 palmer: again
16:14 palmer: geez
16:14 palmer: 4 times in a week
16:14 palmer: tuesday thursday
16:15 palmer: and yesterday
16:15 palmer: now today
16:16 palmer: :)
16:16 palmer: scaling one tick
16:16 palmer: :)
16:16 palmer: scalping
16:16 palmer: right
16:16 palmer: crazy
16:17 palmer: well there will always be something to trade
16:17 palmer: gold up $60 from lows
16:17 palmer: geez
16:18 Haku: bye, all
16:19 PT: take care Haku
Friday, March 20th
8:09 koolblue: 8:14 mini low?
08:15 palmer: morning Kool
08:21 koolblue: 5 min proj down is 778.75
08:39 koolblue: stopped on the other half at 783.75..loss of 2...down 1 on the day...watching
08:41 karen: 2584 volume chart I meant, sorry
08:46 koolblue: making a run to mcdonalds! back in 15 min.!!!
08:49 karen: k thks kb
09:12 prestwickdrive: 785 is sq 9
09:18 palmer: morning General Kool
09:21 jt143: is it me or does kool's mic always snap, crackly and pop?
09:22 jt143: only when u first start talking
09:23 palmer: sounds ok
09:34 VO: s @ 83.50
09:36 palmer: shorted 83.50
09:36 palmer: looking for 81.25
09:36 VO: 1 @ 81.75
09:38 VO: stop be
09:40 PashaLV: Good Morning, friends !
09:40 koolblue: short from 782.50
09:41 VO: 161.8 = 79.50
09:41 koolblue: yup... exiting 780.75
09:42 VO: 38.2 = 79.75
09:42 VO: .5 = 78.25
09:43 VO: stop 83
09:43 koolblue: out on both at 780.75...plus 1.75 on 2 es...up 3 on the day
09:46 koolblue: selling 781.50
09:50 VO: flat
09:54 koolblue: stopped at 784.50..on 2 es..ugh! down 3 on the day
09:55 gila1: gs conference call 11am obama sun meet thre press
09:55 VO: s1 @ 84.25
09:55 VO: stop high
09:58 VO: flat 81
10:02 palmer: 779.25 VAL
10:05 jt143: not here re bigs
10:05 jt143: -10k now
10:05 jt143: oh
10:05 jt143: they smashed it off the open
10:07 VO: s @ 79.50
10:08 VO: 1 @ 78
10:09 karen: 777.25 yesterday low, fwiw
10:09 VO: flat 77
10:12 koolblue: covered one at 779.00
10:12 koolblue: down 1.5 on the day
10:14 palmer: long 78.25
10:14 koolblue: out at 778.00plus a half ...now down 1 on the day
10:18 palmer: I am in 78.25
10:19 gila1: 956
10:21 palmer: me too-2
10:24 VO: l 1 @ 77.75
10:27 koolblue: 777.50..long one only
10:28 koolblue: out at 779.50...plus 2 there and up 1 on the day
10:28 VO: flat 79.75
10:34 koolblue: short from 781.25
10:39 koolblue: out one at 780.25...plus one ,now up 2 on the day
10:42 koolblue: out at 779.00...plus 2.25...now up 4.25
10:43 jt143: since the 1st 76 low, bigs have bought 15k+
10:44 jt143: drifting some now on low vol fwiw
10:48 VO: l @ 80
10:48 jt143: quad witch
10:49 jt143: I think u'r right
10:49 jt143: wed, thur
10:52 VO: flat be
10:52 koolblue: ill buy one at 777.50 if they can get there
11:03 VO: s @80.75
11:04 VO: 1 @ 79.50
11:05 koolblue: chart posted
11:06 palmer: see it kool
11:06 palmer: like a w
11:08 VO: stop be
11:15 VO: flat 77
11:28 koolblue: stopped at 775.25...loss of 2.25...up 2 on the day
11:29 palmer: divergence on the 1 and 5 for sure
11:40 icepick: how's your knee feeling today, kool
11:46 icepick: I did get +2 out of that cycle low
11:48 icepick: yeah - is choppy - was worried
11:50 karen: just fwiw....bernanke is speaking in 13 min...at noon
11:51 prestwickdrive: dva 76.5-81.5
11:51 prestwickdrive: dpoc 79.5
11:51 prestwickdrive: yup
11:54 jt143: as long as they dont change our game
12:00 jt143: theyll prob use the uptick rule reinstatement to try to save the next down leg
12:01 jt143: y, there wont be a market as we know it if the tax hits
12:02 icepick: anyone know of the latest news regarding that tax?
12:02 koolblue: selling 778.25
12:03 jt143: seems like defazio is just trying to make a name for himself re the tax
12:07 jt143: bigs near 0 for last 30min
12:11 jt143: it may not do either at this rate, lol
12:13 jt143: at least you have candy corn and smaokes though :)
12:13 jt143: smokes
12:13 PT: bernanke speaking now
12:17 koolblue: short from 778.25
12:17 koolblue: 3 point stop to start
12:19 koolblue: avgs are at 777.50
12:25 VO: selling 80.75
12:28 koolblue: proj (1 min )is 777.00 unless the high at 780.00 is touched again
12:41 koolblue: I will add one more short at 781.25
12:42 icepick: I think they heard you, kool
12:43 koolblue: projects 773.75
12:43 koolblue: unless 780.25 is touched again
12:45 icepick: kool, on the 1 min, which bars would you pick for peaks in that bowl?!?!?
12:45 PT: bernanke done
12:46 icepick: ok, thks
12:53 koolblue: covered at 775.00...plus 3.25 there... up 5.25 on the day
12:55 prestwickdrive: 771 sq 9 and glbx low
12:56 icepick: and S1
12:57 icepick: what's sq9?
12:58 icepick: ok thanks - i'll check it out
12:58 koolblue: long 2 at 771.50
13:05 PDQ: 774.00 - 774.25 area sets up.......a 1 minute Grail Sale.....
13:06 PDQ: You're welcome Kool!
13:10 koolblue: out both at 773.00..plus 1.5 on 2 es...now up 8.25 on the day
13:11 PDQ: 1 minute 20 EMA has fallen to 773.50 area...........
13:11 jt143: y, this is all smalls here
13:12 jt143: this little pop
13:12 jt143: they diverg'd at 74.5
13:13 prestwickdrive: next lower singles 61.75-64.0
13:15 gila1: obama supposedly on fox
13:15 jt143: gila, coke too
13:16 VO: l @ 72.50
13:16 PDQ: 1 minute Grail did not get a full re-test of the low, so should see some upside
13:18 koolblue: Chart posted
13:22 VO: stopped
13:30 VO: l 1 @ 69
13:31 VO: stop 68
13:36 jt143: kool not sure if u just said this, stepped away, but re the 771 + 3.25, -3.25 was 68.25
13:39 jt143: 61.75 priorswing low, so theres conflu
13:41 VO: stopped
13:45 icepick: mine's at 4.75, 1 min proj
13:45 karen: fwiw...naked poc at 762.50
13:50 koolblue: SHORT FROM 767
13:56 koolblue: 15 min proj is 762.00...gann number(sq root) at 762.75... daily proj is 756-7
13:57 koolblue: out one at 765.25...plus 1.75 ...up 10 now
13:57 koolblue: holding for 763.00 on the other
13:57 PDQ: The 2 bar hourly projection using 801.50 high and 784.25 low projects 756.34.........
13:58 PDQ: ...caught 1.75 on a short a few minutes ago..........
14:02 koolblue: out at 764.00 on the other half
14:02 koolblue: plus 3 there and up 13 now
14:05 jt143: low value from wed here too
14:07 jt143: 7 - 9 waves down
14:08 koolblue: long one at 762.50
14:08 PashaLV: L@ 62.50
14:12 VO: l @ 62
14:17 VO: 1 @ 63.75
14:18 koolblue: CHARTS POSTED
14:19 VO: flat 64
14:21 icepick: well - I left my long order in @ 4.75/ added on @ 1.75/ got out @ 4.25 for +1 on average twice the size
14:22 koolblue: OUT AT 764.25 ...plus 1.75 there
14:24 palmer: Kool- Francis Brussiere is calling for 700-715 by march 23
14:24 palmer: I see you read his work
14:24 palmer: yep
14:25 palmer: he is also calling for 550
14:25 palmer: april
14:25 palmer: but
14:25 palmer: right
14:25 palmer: I wasn't here
14:25 palmer: I think we go up first
14:25 palmer: then tank end of sumnmer fall
14:30 palmer: you know Kool-Maybe these black box guys using something exactly like you tools
14:30 icepick: can't we get a secure "encrypted" chat room? :)
14:33 icepick: kool, you remember how to speak "pig latin", right ? :)
14:33 icepick: :)
14:35 palmer: long 65.5
14:43 koolblue: out 764.75 from a buy at 763.75
14:45 palmer: 62.50
14:45 palmer: 3 points
14:46 palmer: that support was weak
14:46 palmer: thought it would have held
14:49 palmer: 738
14:49 palmer: daily
15:00 prestwickdrive: bye kb
15:00 PashaLV: see you Kool!
15:06 VO: s 1 @ 67
15:18 VO: flat 66
15:27 VO: s 1 @ 69.50
15:28 Haku: hi since kool is gone, can one of you brave persons quickly explain what a 15 min deadly is
15:28 Haku: we're on mumble now...:o))
15:29 Haku: yes
15:30 Haku: thank you.... smithgar understands now :o))
15:30 Haku: yes, that's the thing
15:31 Haku: yes, the hammer looking one
15:32 Haku: do we do anything with the double bottom one?
15:33 Haku: ok, smithgar now understands
15:35 Haku: thank you very much!!!
15:41 PashaLV: sell order @773.25
15:58 Haku: thank you again... have a great weekend!
15:59 VO: SELL THIS PIG!!!
16:04 VO: stop 66
16:06 VO: stop 65
16:08 PashaLV: See you, PT !
16:10 PashaLV: VO, and everyone, have a great weekend !
16:17 VO: flat 64
8:09 koolblue: 8:14 mini low?
08:15 palmer: morning Kool
08:21 koolblue: 5 min proj down is 778.75
08:39 koolblue: stopped on the other half at 783.75..loss of 2...down 1 on the day...watching
08:41 karen: 2584 volume chart I meant, sorry
08:46 koolblue: making a run to mcdonalds! back in 15 min.!!!
08:49 karen: k thks kb
09:12 prestwickdrive: 785 is sq 9
09:18 palmer: morning General Kool
09:21 jt143: is it me or does kool's mic always snap, crackly and pop?
09:22 jt143: only when u first start talking
09:23 palmer: sounds ok
09:34 VO: s @ 83.50
09:36 palmer: shorted 83.50
09:36 palmer: looking for 81.25
09:36 VO: 1 @ 81.75
09:38 VO: stop be
09:40 PashaLV: Good Morning, friends !
09:40 koolblue: short from 782.50
09:41 VO: 161.8 = 79.50
09:41 koolblue: yup... exiting 780.75
09:42 VO: 38.2 = 79.75
09:42 VO: .5 = 78.25
09:43 VO: stop 83
09:43 koolblue: out on both at 780.75...plus 1.75 on 2 es...up 3 on the day
09:46 koolblue: selling 781.50
09:50 VO: flat
09:54 koolblue: stopped at 784.50..on 2 es..ugh! down 3 on the day
09:55 gila1: gs conference call 11am obama sun meet thre press
09:55 VO: s1 @ 84.25
09:55 VO: stop high
09:58 VO: flat 81
10:02 palmer: 779.25 VAL
10:05 jt143: not here re bigs
10:05 jt143: -10k now
10:05 jt143: oh
10:05 jt143: they smashed it off the open
10:07 VO: s @ 79.50
10:08 VO: 1 @ 78
10:09 karen: 777.25 yesterday low, fwiw
10:09 VO: flat 77
10:12 koolblue: covered one at 779.00
10:12 koolblue: down 1.5 on the day
10:14 palmer: long 78.25
10:14 koolblue: out at 778.00plus a half ...now down 1 on the day
10:18 palmer: I am in 78.25
10:19 gila1: 956
10:21 palmer: me too-2
10:24 VO: l 1 @ 77.75
10:27 koolblue: 777.50..long one only
10:28 koolblue: out at 779.50...plus 2 there and up 1 on the day
10:28 VO: flat 79.75
10:34 koolblue: short from 781.25
10:39 koolblue: out one at 780.25...plus one ,now up 2 on the day
10:42 koolblue: out at 779.00...plus 2.25...now up 4.25
10:43 jt143: since the 1st 76 low, bigs have bought 15k+
10:44 jt143: drifting some now on low vol fwiw
10:48 VO: l @ 80
10:48 jt143: quad witch
10:49 jt143: I think u'r right
10:49 jt143: wed, thur
10:52 VO: flat be
10:52 koolblue: ill buy one at 777.50 if they can get there
11:03 VO: s @80.75
11:04 VO: 1 @ 79.50
11:05 koolblue: chart posted
11:06 palmer: see it kool
11:06 palmer: like a w
11:08 VO: stop be
11:15 VO: flat 77
11:28 koolblue: stopped at 775.25...loss of 2.25...up 2 on the day
11:29 palmer: divergence on the 1 and 5 for sure
11:40 icepick: how's your knee feeling today, kool
11:46 icepick: I did get +2 out of that cycle low
11:48 icepick: yeah - is choppy - was worried
11:50 karen: just fwiw....bernanke is speaking in 13 min...at noon
11:51 prestwickdrive: dva 76.5-81.5
11:51 prestwickdrive: dpoc 79.5
11:51 prestwickdrive: yup
11:54 jt143: as long as they dont change our game
12:00 jt143: theyll prob use the uptick rule reinstatement to try to save the next down leg
12:01 jt143: y, there wont be a market as we know it if the tax hits
12:02 icepick: anyone know of the latest news regarding that tax?
12:02 koolblue: selling 778.25
12:03 jt143: seems like defazio is just trying to make a name for himself re the tax
12:07 jt143: bigs near 0 for last 30min
12:11 jt143: it may not do either at this rate, lol
12:13 jt143: at least you have candy corn and smaokes though :)
12:13 jt143: smokes
12:13 PT: bernanke speaking now
12:17 koolblue: short from 778.25
12:17 koolblue: 3 point stop to start
12:19 koolblue: avgs are at 777.50
12:25 VO: selling 80.75
12:28 koolblue: proj (1 min )is 777.00 unless the high at 780.00 is touched again
12:41 koolblue: I will add one more short at 781.25
12:42 icepick: I think they heard you, kool
12:43 koolblue: projects 773.75
12:43 koolblue: unless 780.25 is touched again
12:45 icepick: kool, on the 1 min, which bars would you pick for peaks in that bowl?!?!?
12:45 PT: bernanke done
12:46 icepick: ok, thks
12:53 koolblue: covered at 775.00...plus 3.25 there... up 5.25 on the day
12:55 prestwickdrive: 771 sq 9 and glbx low
12:56 icepick: and S1
12:57 icepick: what's sq9?
12:58 icepick: ok thanks - i'll check it out
12:58 koolblue: long 2 at 771.50
13:05 PDQ: 774.00 - 774.25 area sets up.......a 1 minute Grail Sale.....
13:06 PDQ: You're welcome Kool!
13:10 koolblue: out both at 773.00..plus 1.5 on 2 es...now up 8.25 on the day
13:11 PDQ: 1 minute 20 EMA has fallen to 773.50 area...........
13:11 jt143: y, this is all smalls here
13:12 jt143: this little pop
13:12 jt143: they diverg'd at 74.5
13:13 prestwickdrive: next lower singles 61.75-64.0
13:15 gila1: obama supposedly on fox
13:15 jt143: gila, coke too
13:16 VO: l @ 72.50
13:16 PDQ: 1 minute Grail did not get a full re-test of the low, so should see some upside
13:18 koolblue: Chart posted
13:22 VO: stopped
13:30 VO: l 1 @ 69
13:31 VO: stop 68
13:36 jt143: kool not sure if u just said this, stepped away, but re the 771 + 3.25, -3.25 was 68.25
13:39 jt143: 61.75 priorswing low, so theres conflu
13:41 VO: stopped
13:45 icepick: mine's at 4.75, 1 min proj
13:45 karen: fwiw...naked poc at 762.50
13:50 koolblue: SHORT FROM 767
13:56 koolblue: 15 min proj is 762.00...gann number(sq root) at 762.75... daily proj is 756-7
13:57 koolblue: out one at 765.25...plus 1.75 ...up 10 now
13:57 koolblue: holding for 763.00 on the other
13:57 PDQ: The 2 bar hourly projection using 801.50 high and 784.25 low projects 756.34.........
13:58 PDQ: ...caught 1.75 on a short a few minutes ago..........
14:02 koolblue: out at 764.00 on the other half
14:02 koolblue: plus 3 there and up 13 now
14:05 jt143: low value from wed here too
14:07 jt143: 7 - 9 waves down
14:08 koolblue: long one at 762.50
14:08 PashaLV: L@ 62.50
14:12 VO: l @ 62
14:17 VO: 1 @ 63.75
14:18 koolblue: CHARTS POSTED
14:19 VO: flat 64
14:21 icepick: well - I left my long order in @ 4.75/ added on @ 1.75/ got out @ 4.25 for +1 on average twice the size
14:22 koolblue: OUT AT 764.25 ...plus 1.75 there
14:24 palmer: Kool- Francis Brussiere is calling for 700-715 by march 23
14:24 palmer: I see you read his work
14:24 palmer: yep
14:25 palmer: he is also calling for 550
14:25 palmer: april
14:25 palmer: but
14:25 palmer: right
14:25 palmer: I wasn't here
14:25 palmer: I think we go up first
14:25 palmer: then tank end of sumnmer fall
14:30 palmer: you know Kool-Maybe these black box guys using something exactly like you tools
14:30 icepick: can't we get a secure "encrypted" chat room? :)
14:33 icepick: kool, you remember how to speak "pig latin", right ? :)
14:33 icepick: :)
14:35 palmer: long 65.5
14:43 koolblue: out 764.75 from a buy at 763.75
14:45 palmer: 62.50
14:45 palmer: 3 points
14:46 palmer: that support was weak
14:46 palmer: thought it would have held
14:49 palmer: 738
14:49 palmer: daily
15:00 prestwickdrive: bye kb
15:00 PashaLV: see you Kool!
15:06 VO: s 1 @ 67
15:18 VO: flat 66
15:27 VO: s 1 @ 69.50
15:28 Haku: hi since kool is gone, can one of you brave persons quickly explain what a 15 min deadly is
15:28 Haku: we're on mumble now...:o))
15:29 Haku: yes
15:30 Haku: thank you.... smithgar understands now :o))
15:30 Haku: yes, that's the thing
15:31 Haku: yes, the hammer looking one
15:32 Haku: do we do anything with the double bottom one?
15:33 Haku: ok, smithgar now understands
15:35 Haku: thank you very much!!!
15:41 PashaLV: sell order @773.25
15:58 Haku: thank you again... have a great weekend!
15:59 VO: SELL THIS PIG!!!
16:04 VO: stop 66
16:06 VO: stop 65
16:08 PashaLV: See you, PT !
16:10 PashaLV: VO, and everyone, have a great weekend !
16:17 VO: flat 64
Monday, March 23rd
8:14 palmer: getting a nice red candle on the 15 here
08:15 palmer: should get a pause here
08:15 palmer: 1 min project was here
08:34 LordAlfa: What do you guys think after Geitner announces.
08:38 palmer: just another blimp decision
08:38 palmer: wont do anything
08:48 LordAlfa: Well the last time he announced, he sent the market plummeting
09:12 PashaLV: Good Morning everyone!
09:12 LordAlfa: GM Pasha
09:12 Margie: good morning!
09:13 palmer: another ugly 5 min candle
09:18 LordAlfa: Today. I am experimenting on YM. Mini Dow. So I will be posting DOW trading. Did a weekend study on projections using Kools.
09:19 LordAlfa: On simulation.
09:19 LordAlfa: Seems like they don't like Geitner's plan.
09:19 Margie: LA, why the change?
09:20 LordAlfa: I have found some interesting accuracies using Kools Tools on YM than on ES.
09:20 Margie: Ok, lets see how it goes, ty
09:20 jt143: LA, its not due to the soy? :)
09:21 LordAlfa: This is the test.
09:21 Robin: Morning everyone :)
09:21 LordAlfa: No. Could'nt bet Calcium Sulphate. Need to get Magnesium Sulphat for my processing.
09:22 LordAlfa: 5min and 1 min projection on dow 7375.
09:29 LordAlfa: A lot of positive news in the media.
09:32 LordAlfa: Palmer the 5 min dowside negated
09:33 LordAlfa: Bull run at the open
09:33 VO: s @ 83.50
09:33 VO: stop 85.50
09:33 prestwickdrive: es open today nearly identical to friday's
09:38 prestwickdrive: nice start VO
09:40 VO: flat be
09:42 gila: seems like talk on cnbc seems to reflect mkt direction esp today
09:42 prestwickdrive: existing home sales at top of hr
09:43 VO: s @ 84.50
09:44 VO: stop 86.75
09:52 palmer: s@82
09:53 VO: wtf!
09:53 palmer: chasing rrrrrrrrrrrrrrrrg
09:54 palmer: die
09:54 palmer: scum
09:55 LordAlfa: S 7385
09:55 VO: 1 @ 80.50
09:55 VO: stop 84.25
10:01 VO: flat...nother stoopid day of es trade
10:02 LordAlfa: Stopped
10:02 LordAlfa: Looks stoopid on YM too
10:04 LordAlfa: L7425
10:04 LordAlfa: stop 7408
10:09 LordAlfa: Flat 7447. 15 nmin 7448
10:10 LordAlfa: +20
10:10 LordAlfa: +20 on YM
10:16 PT: retesting globex high
10:18 PashaLV: sell order @ 93
10:20 prestwickdrive: singles 794-801
10:25 LordAlfa: Do they have a chance at the ES 800 resistance today? YM 7520
10:29 LordAlfa: GM
10:29 Margie: gm
10:29 PashaLV: Morning
10:33 gila: 2pm cnbc geithner
10:33 PashaLV: flat@ 91.75
10:34 gila: no interview with erin burnett
10:34 LordAlfa: But he is only going to present it closed doors to reporters
10:34 LordAlfa: The last time he did it, the market when down like a stone.
10:34 LordAlfa: 2pm
10:35 icepick: 2pm et
10:35 jt143: pt, he's presenting obamas ncaa brackets
10:35 LordAlfa: They don't seem to be confident of him.
10:36 icepick: gm
10:36 PashaLV: GM Kool
10:36 koolblue: selling here!
10:36 LordAlfa: YM broke the resistance
10:37 gila: 2728 257 adv decl
10:37 gila: 7520 prev hi 801.50
10:38 gila: gs highest in months
10:42 koolblue: short one from 793.50
10:42 koolblue: looking for 791
11:01 LordAlfa: YM broke 7520 resistance.
11:03 koolblue: stopped at 796.25 loss of 3...trying to buy 794.75
11:05 prestwickdrive: 50% ib ext = 801.5
11:12 koolblue: selling 796.25
11:20 LordAlfa: like friday
11:21 LordAlfa: This price action is like when before the feds announce that they will pump liquid into the market. slow, indecisive, wait see
11:22 LordAlfa: BB has narrowed quite a lot on the 1 min.
11:41 gila: someone on cnbc agrees with us should be less talk on tv
11:55 koolblue: short from 796.75;...2 25 stop
11:57 prestwickdrive: 799 sq 9, 801.0 top of singles, 01.5 50% ib
11:57 prestwickdrive: bigs +45k
11:59 koolblue: stopped on the previous trade loss of 2.25
11:59 koolblue: sold 2 @ 799.00
12:06 Robin: Obama will speak
soon on the Treasury's Plan
12:09 Robin: I think he's talking at 2?
12:10 LordAlfa: Clinton get serviced
12:11 Haku: i'm confident in spending
12:11 LordAlfa: That;s when we head to the copper and silver indices
12:12 gila: bill gross on tv hes up on investments
12:12 LordAlfa: Can't afford the margin for gold.
12:12 LordAlfa: Vo can
12:13 gila: we should have a group acct then we could hold gold
12:13 gila: obama on nw
12:13 gila: talking up economy
12:15 gila: explaing toxic assets prog
12:15 bruce9432: FWIW;http://online.wsj.com/article/SB123776536222709061.html
12:15 gila: thx
12:16 bruce9432: does the article show up on anyone's screen?
12:17 koolblue: yes it does
12:17 gila: thx I can see it I clicked on it obama finished'
12:17 bruce9432: it sure doesn't in the other room I'm in on Echat
12:18 palmer: obama vs deadly lol
12:26 koolblue: chart posted...private room
12:30 bruce9432: there's another room?
12:30 LordAlfa: S 7544
12:32 LordAlfa: Bruce. http://mypivots.com
12:32 LordAlfa: Nope.
12:36 bruce9432: Now if I can just get the Mumble to work
12:44 gila: http://www.nydailynews.com/news/politics/2009/03/22/2009-03-22_hey_president_obama_the_campaign_is_over.html about obama's overexposure
12:59 koolblue: covering both shorts here...797.50
13:00 koolblue: plus 1.5 on each... down 2.25 on the day
13:10 koolblue: short 2@ 797.25
13:11 palmer: short 797
13:11 koolblue: covering one to reduce risk at 796.25
13:12 koolblue: holding the other till 795.50,so I can buy 794.25
13:12 koolblue: I hope!!!!
13:13 VO: s @ 98.50
13:14 koolblue: stop at 789.25
13:15 koolblue: got me
13:16 koolblue: loss of 2 on each...down 6.5 on the day
13:16 VO: stopped 800
13:21 koolblue: buying 799.25
13:27 koolblue: will add one at 797.25
13:28 koolblue: long 2@ 798.25 avg price
13:28 koolblue: 3 point stop
13:30 LordAlfa: another stoopid trading day.
13:32 koolblue: long from 794.25
13:36 koolblue: out at 794.00
13:36 koolblue: loss of 2 ticks
13:40 koolblue: long from 793.00
13:46 koolblue: out at 794.00...plus 1 on each...down 10
13:47 prestwickdrive: dva 791.25-800.75, dpoc 94.25 tpos, 94.75 vol
13:48 koolblue: the 15 min deadly is now 781.25,unless 802.25 is touched again
13:52 koolblue: short one at 785.25
14:01 koolblue: out at 793.25
14:01 koolblue: down 9 on the day
14:03 VO: L @ 94.75
14:03 VO: stop 92.75
14:04 gila: put call going higher neutral
14:05 VO: 1 @ 96
14:06 VO: stop be
14:07 Margie: geithner on tv
14:14 LordAlfa: VO. The way they are moving this pig sucks!
14:14 VO: flat
14:14 VO: why I been trading gold today
14:19 palmer: cover 794 +3
14:19 palmer: was in that for an hour
14:19 palmer: crazy
14:21 koolblue: short from 794.25
14:27 PashaLV: sell order @ 96.50
14:28 koolblue: stopped again1 at 696.00
14:28 VO: l @ 95.75
14:28 koolblue: loss of 1.75..down 10.75
14:29 VO: 1 @ 97.25
14:29 VO: stop be
14:33 VO: offering 98.50
14:33 koolblue: selling 799
14:33 VO: flat
14:34 VO: nice looking dragon
14:40 bruce9432: Showing your trading is sure appreciated Kool!
14:42 koolblue: not so good today, friend!
14:42 bruce9432: doesn't matter, it's real, not after the fact like 99.99% of trade rooms
14:42 koolblue: I do that so others can learn what im looking at using kools tools
14:46 PashaLV: been stopped 99.50 down 5.25 now..
14:47 VO: L 1 @ 99
14:48 VO: stop 97.25
14:49 VO: stop be
14:50 VO: flat 800.75
14:51 koolblue: short from 800.50
14:57 palmer: shorting 807.50
15:02 VO: s 1 @ 806
15:03 VO: flat 4.50
15:04 VO: L 1 @ 4.50
15:05 VO: will add 2.50
15:06 VO: make that 1.50
15:10 koolblue: short a couple from 805.00
15:16 VO: flat 5.75
15:17 VO: still think higher ...but not sure of count
15:17 VO: think 3 of 3...who knows
15:25 Margie: could this be wave 7 up?
15:25 VO: I think 5 of 3
15:26 VO: on 610
15:26 Margie: would you think 2 more up vo
15:27 VO: im guessing nice correction then 1 more
15:27 Margie: ty
15:28 VO: I dont know for sure margie...im not skilled enuff in the count, so take it for what its worth
15:28 Margie: I will, just asking your opinion.
15:34 VO: s 1 @ 8.50
15:36 PashaLV: sell order @ 11.50
15:38 VO: flat 7.50
15:38 VO: I have no confidence of where I think were at
15:38 VO: I think lower now
15:39 VO: I will sell a lower high
15:41 koolblue: selling 811.75
15:42 PashaLV: [email protected]
15:42 koolblue: short 811.75
15:43 VO: s 1 @ 12
15:46 prestwickdrive: 813 sq 9
15:46 VO: spx 26.84
15:52 VO: stopped 14
15:52 icepick: bye kool
15:53 Margie: Kool, take care
15:53 stb: kool, I have done a nt indicator that to some extent tries to reflect your projections. First indicator I do, so sure not flawless. And nothing comparable to your live trading. But if you want to have a look I will be glad to send it to you.
15:54 VO: post it in kools room under indicators stb
15:55 bruce9432: There can't be any short sellers left after today
15:55 VO: this has to be 5 cause its a diagonal triangle
15:59 VO: s 1 @ 17
16:03 Margie: going too fast for my broker, they cant keep up
16:04 prestwickdrive: bigs +122k
16:05 prestwickdrive: smalls +4k
16:07 VO: think shes over boys and girls...expect a very nice correction now
16:07 Margie: PT, you're an awful man
16:10 PashaLV: Have a nice evening. I'm of.. Down 9 today...
16:10 Margie: Pasha, you'll kill em tomorrow
16:11 PashaLV: undoubtfull, Margie ))
16:12 Margie: positively, Pasha!
16:13 VO: below average volume today
16:15 Margie: ty
16:16 gila: stb is your indicator on trade station?
16:18 VO: closed at R3
16:24 stb: gila, it is ninjatrader.
16:28 Margie: Good night, everyone, see you tomorrow
16:28 PT: nite Margie
16:28 palmer: myptofvu- that's the FED fault
16:29 palmer: and it will be a dollar crsis
16:29 palmer: yep PT
16:29 palmer: exactly
16:30 Vast524: buy up the printing stocks
16:32 palmer: they need to dismantle the FED
16:35 VO: still short @ 17 will use a stop of the highwith a target of 7...see ya guys tomorrow
16:36 myptofvu: I agree Palmer
16:36 myptofvu: I never understood how you could call it a free market
16:37 palmer: it is not a free market
16:37 palmer: not when you have constant intervention
16:37 palmer: like we seeing now
16:37 palmer: all of this wil end bad
16:37 palmer: bernanke
16:38 palmer: is worse than greenspan
16:38 palmer: we are slowly becoming socialist under the disguise of capitalism and fear
17:33 gila: palmer you are so right socialism is taking over in the us
17:35 palmer: well politicians always sell the us citizens FEAR
17:35 palmer: to take on their agenda
17:35 palmer: Iraq, $700 bailout, stimlus
17:35 palmer: all based on fear
17:35 palmer: I say let these companies fail
17:36 palmer: bankrupt
17:36 palmer: it is my tax money
17:36 palmer: and no one is saving me
8:14 palmer: getting a nice red candle on the 15 here
08:15 palmer: should get a pause here
08:15 palmer: 1 min project was here
08:34 LordAlfa: What do you guys think after Geitner announces.
08:38 palmer: just another blimp decision
08:38 palmer: wont do anything
08:48 LordAlfa: Well the last time he announced, he sent the market plummeting
09:12 PashaLV: Good Morning everyone!
09:12 LordAlfa: GM Pasha
09:12 Margie: good morning!
09:13 palmer: another ugly 5 min candle
09:18 LordAlfa: Today. I am experimenting on YM. Mini Dow. So I will be posting DOW trading. Did a weekend study on projections using Kools.
09:19 LordAlfa: On simulation.
09:19 LordAlfa: Seems like they don't like Geitner's plan.
09:19 Margie: LA, why the change?
09:20 LordAlfa: I have found some interesting accuracies using Kools Tools on YM than on ES.
09:20 Margie: Ok, lets see how it goes, ty
09:20 jt143: LA, its not due to the soy? :)
09:21 LordAlfa: This is the test.
09:21 Robin: Morning everyone :)
09:21 LordAlfa: No. Could'nt bet Calcium Sulphate. Need to get Magnesium Sulphat for my processing.
09:22 LordAlfa: 5min and 1 min projection on dow 7375.
09:29 LordAlfa: A lot of positive news in the media.
09:32 LordAlfa: Palmer the 5 min dowside negated
09:33 LordAlfa: Bull run at the open
09:33 VO: s @ 83.50
09:33 VO: stop 85.50
09:33 prestwickdrive: es open today nearly identical to friday's
09:38 prestwickdrive: nice start VO
09:40 VO: flat be
09:42 gila: seems like talk on cnbc seems to reflect mkt direction esp today
09:42 prestwickdrive: existing home sales at top of hr
09:43 VO: s @ 84.50
09:44 VO: stop 86.75
09:52 palmer: s@82
09:53 VO: wtf!
09:53 palmer: chasing rrrrrrrrrrrrrrrrg
09:54 palmer: die
09:54 palmer: scum
09:55 LordAlfa: S 7385
09:55 VO: 1 @ 80.50
09:55 VO: stop 84.25
10:01 VO: flat...nother stoopid day of es trade
10:02 LordAlfa: Stopped
10:02 LordAlfa: Looks stoopid on YM too
10:04 LordAlfa: L7425
10:04 LordAlfa: stop 7408
10:09 LordAlfa: Flat 7447. 15 nmin 7448
10:10 LordAlfa: +20
10:10 LordAlfa: +20 on YM
10:16 PT: retesting globex high
10:18 PashaLV: sell order @ 93
10:20 prestwickdrive: singles 794-801
10:25 LordAlfa: Do they have a chance at the ES 800 resistance today? YM 7520
10:29 LordAlfa: GM
10:29 Margie: gm
10:29 PashaLV: Morning
10:33 gila: 2pm cnbc geithner
10:33 PashaLV: flat@ 91.75
10:34 gila: no interview with erin burnett
10:34 LordAlfa: But he is only going to present it closed doors to reporters
10:34 LordAlfa: The last time he did it, the market when down like a stone.
10:34 LordAlfa: 2pm
10:35 icepick: 2pm et
10:35 jt143: pt, he's presenting obamas ncaa brackets
10:35 LordAlfa: They don't seem to be confident of him.
10:36 icepick: gm
10:36 PashaLV: GM Kool
10:36 koolblue: selling here!
10:36 LordAlfa: YM broke the resistance
10:37 gila: 2728 257 adv decl
10:37 gila: 7520 prev hi 801.50
10:38 gila: gs highest in months
10:42 koolblue: short one from 793.50
10:42 koolblue: looking for 791
11:01 LordAlfa: YM broke 7520 resistance.
11:03 koolblue: stopped at 796.25 loss of 3...trying to buy 794.75
11:05 prestwickdrive: 50% ib ext = 801.5
11:12 koolblue: selling 796.25
11:20 LordAlfa: like friday
11:21 LordAlfa: This price action is like when before the feds announce that they will pump liquid into the market. slow, indecisive, wait see
11:22 LordAlfa: BB has narrowed quite a lot on the 1 min.
11:41 gila: someone on cnbc agrees with us should be less talk on tv
11:55 koolblue: short from 796.75;...2 25 stop
11:57 prestwickdrive: 799 sq 9, 801.0 top of singles, 01.5 50% ib
11:57 prestwickdrive: bigs +45k
11:59 koolblue: stopped on the previous trade loss of 2.25
11:59 koolblue: sold 2 @ 799.00
12:06 Robin: Obama will speak
soon on the Treasury's Plan
12:09 Robin: I think he's talking at 2?
12:10 LordAlfa: Clinton get serviced
12:11 Haku: i'm confident in spending
12:11 LordAlfa: That;s when we head to the copper and silver indices
12:12 gila: bill gross on tv hes up on investments
12:12 LordAlfa: Can't afford the margin for gold.
12:12 LordAlfa: Vo can
12:13 gila: we should have a group acct then we could hold gold
12:13 gila: obama on nw
12:13 gila: talking up economy
12:15 gila: explaing toxic assets prog
12:15 bruce9432: FWIW;http://online.wsj.com/article/SB123776536222709061.html
12:15 gila: thx
12:16 bruce9432: does the article show up on anyone's screen?
12:17 koolblue: yes it does
12:17 gila: thx I can see it I clicked on it obama finished'
12:17 bruce9432: it sure doesn't in the other room I'm in on Echat
12:18 palmer: obama vs deadly lol
12:26 koolblue: chart posted...private room
12:30 bruce9432: there's another room?
12:30 LordAlfa: S 7544
12:32 LordAlfa: Bruce. http://mypivots.com
12:32 LordAlfa: Nope.
12:36 bruce9432: Now if I can just get the Mumble to work
12:44 gila: http://www.nydailynews.com/news/politics/2009/03/22/2009-03-22_hey_president_obama_the_campaign_is_over.html about obama's overexposure
12:59 koolblue: covering both shorts here...797.50
13:00 koolblue: plus 1.5 on each... down 2.25 on the day
13:10 koolblue: short 2@ 797.25
13:11 palmer: short 797
13:11 koolblue: covering one to reduce risk at 796.25
13:12 koolblue: holding the other till 795.50,so I can buy 794.25
13:12 koolblue: I hope!!!!
13:13 VO: s @ 98.50
13:14 koolblue: stop at 789.25
13:15 koolblue: got me
13:16 koolblue: loss of 2 on each...down 6.5 on the day
13:16 VO: stopped 800
13:21 koolblue: buying 799.25
13:27 koolblue: will add one at 797.25
13:28 koolblue: long 2@ 798.25 avg price
13:28 koolblue: 3 point stop
13:30 LordAlfa: another stoopid trading day.
13:32 koolblue: long from 794.25
13:36 koolblue: out at 794.00
13:36 koolblue: loss of 2 ticks
13:40 koolblue: long from 793.00
13:46 koolblue: out at 794.00...plus 1 on each...down 10
13:47 prestwickdrive: dva 791.25-800.75, dpoc 94.25 tpos, 94.75 vol
13:48 koolblue: the 15 min deadly is now 781.25,unless 802.25 is touched again
13:52 koolblue: short one at 785.25
14:01 koolblue: out at 793.25
14:01 koolblue: down 9 on the day
14:03 VO: L @ 94.75
14:03 VO: stop 92.75
14:04 gila: put call going higher neutral
14:05 VO: 1 @ 96
14:06 VO: stop be
14:07 Margie: geithner on tv
14:14 LordAlfa: VO. The way they are moving this pig sucks!
14:14 VO: flat
14:14 VO: why I been trading gold today
14:19 palmer: cover 794 +3
14:19 palmer: was in that for an hour
14:19 palmer: crazy
14:21 koolblue: short from 794.25
14:27 PashaLV: sell order @ 96.50
14:28 koolblue: stopped again1 at 696.00
14:28 VO: l @ 95.75
14:28 koolblue: loss of 1.75..down 10.75
14:29 VO: 1 @ 97.25
14:29 VO: stop be
14:33 VO: offering 98.50
14:33 koolblue: selling 799
14:33 VO: flat
14:34 VO: nice looking dragon
14:40 bruce9432: Showing your trading is sure appreciated Kool!
14:42 koolblue: not so good today, friend!
14:42 bruce9432: doesn't matter, it's real, not after the fact like 99.99% of trade rooms
14:42 koolblue: I do that so others can learn what im looking at using kools tools
14:46 PashaLV: been stopped 99.50 down 5.25 now..
14:47 VO: L 1 @ 99
14:48 VO: stop 97.25
14:49 VO: stop be
14:50 VO: flat 800.75
14:51 koolblue: short from 800.50
14:57 palmer: shorting 807.50
15:02 VO: s 1 @ 806
15:03 VO: flat 4.50
15:04 VO: L 1 @ 4.50
15:05 VO: will add 2.50
15:06 VO: make that 1.50
15:10 koolblue: short a couple from 805.00
15:16 VO: flat 5.75
15:17 VO: still think higher ...but not sure of count
15:17 VO: think 3 of 3...who knows
15:25 Margie: could this be wave 7 up?
15:25 VO: I think 5 of 3
15:26 VO: on 610
15:26 Margie: would you think 2 more up vo
15:27 VO: im guessing nice correction then 1 more
15:27 Margie: ty
15:28 VO: I dont know for sure margie...im not skilled enuff in the count, so take it for what its worth
15:28 Margie: I will, just asking your opinion.
15:34 VO: s 1 @ 8.50
15:36 PashaLV: sell order @ 11.50
15:38 VO: flat 7.50
15:38 VO: I have no confidence of where I think were at
15:38 VO: I think lower now
15:39 VO: I will sell a lower high
15:41 koolblue: selling 811.75
15:42 PashaLV: [email protected]
15:42 koolblue: short 811.75
15:43 VO: s 1 @ 12
15:46 prestwickdrive: 813 sq 9
15:46 VO: spx 26.84
15:52 VO: stopped 14
15:52 icepick: bye kool
15:53 Margie: Kool, take care
15:53 stb: kool, I have done a nt indicator that to some extent tries to reflect your projections. First indicator I do, so sure not flawless. And nothing comparable to your live trading. But if you want to have a look I will be glad to send it to you.
15:54 VO: post it in kools room under indicators stb
15:55 bruce9432: There can't be any short sellers left after today
15:55 VO: this has to be 5 cause its a diagonal triangle
15:59 VO: s 1 @ 17
16:03 Margie: going too fast for my broker, they cant keep up
16:04 prestwickdrive: bigs +122k
16:05 prestwickdrive: smalls +4k
16:07 VO: think shes over boys and girls...expect a very nice correction now
16:07 Margie: PT, you're an awful man
16:10 PashaLV: Have a nice evening. I'm of.. Down 9 today...
16:10 Margie: Pasha, you'll kill em tomorrow
16:11 PashaLV: undoubtfull, Margie ))
16:12 Margie: positively, Pasha!
16:13 VO: below average volume today
16:15 Margie: ty
16:16 gila: stb is your indicator on trade station?
16:18 VO: closed at R3
16:24 stb: gila, it is ninjatrader.
16:28 Margie: Good night, everyone, see you tomorrow
16:28 PT: nite Margie
16:28 palmer: myptofvu- that's the FED fault
16:29 palmer: and it will be a dollar crsis
16:29 palmer: yep PT
16:29 palmer: exactly
16:30 Vast524: buy up the printing stocks
16:32 palmer: they need to dismantle the FED
16:35 VO: still short @ 17 will use a stop of the highwith a target of 7...see ya guys tomorrow
16:36 myptofvu: I agree Palmer
16:36 myptofvu: I never understood how you could call it a free market
16:37 palmer: it is not a free market
16:37 palmer: not when you have constant intervention
16:37 palmer: like we seeing now
16:37 palmer: all of this wil end bad
16:37 palmer: bernanke
16:38 palmer: is worse than greenspan
16:38 palmer: we are slowly becoming socialist under the disguise of capitalism and fear
17:33 gila: palmer you are so right socialism is taking over in the us
17:35 palmer: well politicians always sell the us citizens FEAR
17:35 palmer: to take on their agenda
17:35 palmer: Iraq, $700 bailout, stimlus
17:35 palmer: all based on fear
17:35 palmer: I say let these companies fail
17:36 palmer: bankrupt
17:36 palmer: it is my tax money
17:36 palmer: and no one is saving me
Tues. March 24th
06:39 VO: flat @ 8
06:40 koolblue: great callVo!
06:40 koolblue: [email protected]
06:41 VO: I like starting the day up 9 handles
06:43 koolblue: yup
06:48 koolblue: looking for 811.50.will exit 810.50
06:52 koolblue: filled at 810.50! plus 2 on each! up 4 and smiling again
06:53 VO: nice
06:55 koolblue: going to play gold again today?
06:55 koolblue: bingo on 811.50
06:56 VO: depends if es is trading stoopid or not
06:56 koolblue: lol
07:16 koolblue: chart posted
07:17 koolblue: 5 min cycle just peaked
07:24 palmer: morning Kool
07:24 palmer: morning gang
07:27 Margie: Anyone with Ninja having trouble with charts?
07:28 palmer: mine are ok margie
07:28 Margie: thanks Palmer
07:32 koolblue: LONG ONE FROM 810.75...TIGHT STOP
07:35 koolblue: looking for 813.50 eventually, will exit at 12.50
07:37 palmer: that projection is from that 6:40, 6:45 2 candle?
07:38 palmer: 5 min projection
07:39 koolblue: yup
07:39 VO: I suspect that today will be a day of retrace from our move yesterday...am not expecting much, if any, upside follow through today
07:40 palmer: kool like on a play like this where do you put your stop
07:40 palmer: 2 points?
07:40 koolblue: I agree.... daily chart clearly had yesterday as a peak
07:40 koolblue: 1.75 stop.
07:41 koolblue: stop is 809.25 currently...sorry 1.5
07:41 palmer: but 3 is your normal stop
07:42 koolblue: correct
07:42 koolblue: my reasoning here is that if it breaks all these avgs here, then itll likely head back to 808 minimum!
07:44 koolblue: note that the 1 min bar at 7:15 is already saying 808.25 unless 811.75 is touched again
07:44 palmer: ticks were 1255 yesterday
07:44 koolblue: and if 807.50 doesnt hold then 797.50 could be in play
07:47 VO: 97.50 being 60m proj
07:47 koolblue: daily chart shows another peak tomorrow, but if it comes at a lower high ,that would be very negative!
07:48 koolblue: good! 811.75 was touched again negating that 808.25 projection
07:52 koolblue: all the 1 min averages are between 810.50 and 811.00
08:00 palmer: yep Kool I get that guy emails tooo
08:00 palmer: is he any good
08:04 PT PM'd
08:08 koolblue: hes ok
08:08 koolblue: im not much of an mp freak tho
08:09 koolblue: stopped at 809.25...loss of 1.5...up 2.5 on the day
08:14 palmer: gotcha
08:15 palmer: saw it
08:16 palmer: we looking lower
08:17 palmer: mini low just now on the 1 min
08:24 koolblue: long one at 808.25
08:25 koolblue: out at 809.75...plus 1.5...up 4 again
08:27 koolblue: 809.75 sold one
08:33 Margie: no 8:30 news
08:33 Margie: 8:45 Goldman Store Sales
08:41 koolblue: stopped at 811.50 1.75 loss up 2.25
08:54 gila: gold down 18.4
09:31 PashaLV: Good morning friends !
09:34 prestwickdrive: gap 817.25, 50 back 813.0
09:38 VO: s 1 @ 8.75
09:40 gila: 809.5 vah
09:40 VO: flat be
09:40 gila: 7660 vah
09:41 gila: 10am richmond fed
09:42 gila: Economic
10:00am TAF results. Jan House Price Index m/m (last -0.1%), March Richmond Fed Manufacturing Index (last -51)
3:00pm TSLF announcement
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Events
6:00am Fed's Evans speaks to Czech National Bank on economic outlook. 10:00am Fed Chairman Bernanke & Treasury Sec Geithner testify before Congress on AIG. 2:35pm Fed's Bullard speaks in London. Credit Suisse Asia Investment Conference. Deutsche Bank MENA Equity Conference. ICSC/UBSW Chain Store Sales (7:45, last -0.1%). Redbook Retail Sales (8:55, last -1.1%). ABC Consumer Confidence (last -47). Trades Ex-dividend: SWY $0.083.
09:46 Dusty: n
09:47 Haku: gmorning
09:55 VO: l 1 @ 7.50
09:56 VO: stop 6.25
09:58 VO: flat 9.50
10:00 palmer: nice VO
10:01 PT: nice trade VO
10:01 VO: ty
10:04 VO: s @ 14.25
10:09 VO: 1 @ 12.25
10:09 VO: stop 14.75
10:13 VO: flat 12
10:23 VO: L 1 9
10:25 palmer: short 809.5
10:27 VO: stop 8
10:28 VO: offering 10.50
10:29 VO: flat
10:29 icepick: gm kool
10:29 PashaLV: Hi Kool
10:30 palmer: 3 point stop
10:33 palmer: cover +2
10:34 koolblue: long one from 807.25
10:37 koolblue: stop at 805.00
10:37 VO: pay attention to the 98-00 level when we get there
10:38 VO: if they turn us there...big bull gartley
10:41 PDQ: ...........VO, the same area sets up a 30 minute Grail Buy.....
10:42 koolblue: flat at b.e.
10:45 VO: L 1 @ 8
10:46 VO: stop 6.50
10:47 VO: flat
10:49 Margie: I am shpwing a 15 min at 795.25?
10:51 VO: 60m = 97.50
10:51 Margie: ty
10:53 koolblue: out at 808.25..plus 1 handle(onees only)..up 3.25 on the day
10:54 icepick: kool, one of those wicked "w"s showing up on 1 min ?
10:55 icepick: yeah, it's got that lower low u were talking about the other day
10:56 icepick: ok thks
10:57 VO: mini H top of hour
10:59 koolblue: selling here 809.00
11:02 koolblue: short one from 809.00
11:03 VO: s @ 7.75
11:05 koolblue: out at 806.75...plus 2.25 there
11:06 koolblue: up 5.5 on the day
11:06 VO: flat 8
11:07 bruce9432: Is there audio on Mumble?
11:08 icepick: yes
11:08 bruce9432: I'll try and download it again
11:09 icepick: check ur volume 1st, and then wait - there's not constant talking - sometimes silent 4 a while
11:10 bruce9432: I followed all instructions and couldn't get the channels to un-grey
11:13 icepick: not sure what u mean by un - grey, u should try to get help from pt
11:14 koolblue: good cycle top due 11:50
11:17 bruce9432: It says in the instructions to go to "channel" and when I do it the choices don't activate (turn bold)
11:18 koolblue: buying 809.50
11:21 koolblue: l @809.50
11:29 LordAlfa: L 7648 on YM
11:30 koolblue: out at 813
11:30 LordAlfa: YM 1 min proj 7677 hit dead nuts
11:30 LordAlfa: flat
11:31 koolblue: 813.25...plus 3.75 ..now up 9.25
11:31 LordAlfa: +29 = $145
11:32 LordAlfa: Jus this one trade
11:33 LordAlfa: Same 4.4
11:33 palmer: Ym alittle cheaper isn't it
11:33 LordAlfa: ROI not as attractive as ES
11:33 LordAlfa: Let me check.
11:34 LordAlfa: 4.4 on Static DOM
11:34 LordAlfa: 0-500.
11:36 LordAlfa: YM 1 pt = $5
11:36 feng456: hey guys
11:37 VO: s 1 @ 12.25
11:37 feng456: whats a good sample size of data for backtesting a new strategy?
11:37 feng456: like how many days?
11:38 LordAlfa: As long as you like.
11:38 LordAlfa: Individual preference
11:38 feng456: ok but reasonably
11:38 LordAlfa: Ultimately, youhave to be assured
11:38 koolblue: short one just for a quickie at 812.50
11:38 LordAlfa: Are you using Ninja?
11:38 feng456: yea well I took a week's worth of data and it seemed fairly consistent
11:38 feng456: yes I am
11:38 feng456: *was lol
11:39 LordAlfa: Record the Intraday data.
11:39 LordAlfa: Playback
11:39 LordAlfa: Test the strategy after trading hours
11:39 feng456: well I did that for a week
11:39 LordAlfa: Well? Results? %win against loss
11:39 feng456: and I thought ok seems like it's profitable
11:39 LordAlfa: Are you comfortable?
11:39 feng456: anywhere between 40/60 to 60/40
11:39 feng456: I WAS
11:39 feng456: I just lost my first account
11:40 PDQ: ....We are in a little 1 minute Grail Buy here..
11:40 feng456: the results today have been like 7 losers and 1 winner
11:40 feng456: which is totally way off of my stats
11:40 LordAlfa: View the Mark Douglas video.
11:40 feng456: the 1 hour one?
11:40 PDQ: ...just re-tested the high though....may be all of the upside...
11:40 feng456: on wizetv or somethign?
11:40 LordAlfa: Your psyche was in the way.
11:40 LordAlfa: Actual fear grips.
11:41 feng456: yea I wish that was the case but I actually didnt feel any fear or anxiety today
11:41 feng456: I didnt make any mistakes...did all I was supposed to
11:41 LordAlfa: And?
11:41 feng456: and this turned out to be by far the worst day in a week
11:41 feng456: so im wondering if it's cause my sample size was too small
11:41 feng456: or I just need to do more praying
11:42 LordAlfa: Well keep pounding the door tomorrow
11:42 feng456: well my account is blown up
11:42 feng456: not just from today...
11:42 LordAlfa: Cut your loss and come back again. This is the hardest easy money that everyone will ever earn.
11:43 feng456: ok but I wish I knew what I did wrong
11:43 LordAlfa: You did nothing wrong. Stop blaming yourself
11:44 feng456: ok thanks a lot I will be going back to the bank -.-
11:44 feng456: and i'll keep sim trading till then
11:45 LordAlfa: No matter what Kool says about him being ill disciplined. In fact he is very disciplined in his method
11:47 feng456: wat me?
11:47 feng456: I dont have sound on
11:47 LordAlfa: Kool
11:48 LordAlfa: Kool is in fact very disciplined in his method
11:48 feng456: oh
11:48 feng456: well see I was and thats what really annoys me is I did everythign right and everything I could possibly do
11:48 LordAlfa: Not for staying in the trade for long but he know what and when he needs to execute.
11:48 feng456: and fate hands me the worst day in a week
11:49 feng456: well one thing he has over me is experience
11:49 LordAlfa: Should stay on a maximum drawdown for the day. Say 3x 2pt loss mean shutdown and get away. The market is not in your favor
11:50 LordAlfa: Experience is something we earn daily.
11:50 feng456: well when I backtested my plan called for taking every possible trade in a day
11:50 LordAlfa: The money is secondary. Continue trading in sim
11:50 feng456: and the results were good...
11:50 feng456: I think the worst day was down 4 points
11:50 feng456: best was up 27
11:51 feng456: and none of the days would I have reached my daily stop anyway
11:51 LordAlfa: My best days was +56 and worst -33. So I have my fair share. So don't despair.
11:52 LordAlfa: We are all in the same boat going somewhere.
11:52 feng456: im amazingly calm for losing most of my life savings
11:53 bruce9432: feng, after back testing did you run it on a simulator?
11:53 feng456: ok what my strategy allows me to do is pinpoint to the tick (minus slippage) my entries and exits
11:54 LordAlfa: Did you read The Disciplined Trader?
11:54 palmer: miss me @13.50
11:54 palmer: sucks
11:54 feng456: no I really dont think discipline was the problem today
11:54 LordAlfa: Mark went thru this phase.
11:54 feng456: it was what I wouldve done if I was backtesting
11:54 LordAlfa: He was clam after he lost everything.
11:54 feng456: and then...?
11:54 LordAlfa: Stop beating yourself.
11:54 feng456: he shot himself?
11:55 LordAlfa: Well. He found that there are more things important in life
11:55 feng456: well yes...
11:55 LordAlfa: Stick to that
11:55 feng456: and keep trading right?
11:56 LordAlfa: yep. but approach it in a different mid.
11:56 VO: flat 10.50
11:56 feng456: how so
11:57 LordAlfa: hah. They 2 ticked me on YM. 1 min proj 7686. high 7684
11:57 feng456: is this Mark guy still trading? did he make it?
11:58 LordAlfa: Just read his book. I'll give you guys a link on my private ftp server.
11:58 feng456: mark = mark douglas?
11:58 LordAlfa: Yes.
11:58 feng456: ohh
11:58 feng456: cool well at least thats hopeful
12:00 gila: smh neg for day
12:01 LordAlfa: ftp://northwood.pointclark.net
12:01 JackS65: AdvGet chart posted
12:01 LordAlfa: username: public, password: public Look for the Folder TradingBooks.
12:02 LordAlfa: They are in PDF
12:02 LordAlfa: Take care Feng
12:02 Margie: thank you to Jack and LA
12:03 feng456: thanks a bunch
12:03 feng456: seriously
12:03 palmer: VAH 809.50
12:04 LordAlfa: Just don't download the movies. They are illegal? :-P
12:05 feng456: lopl
12:05 feng456: yea cuz I never do that...
12:05 feng456: any police mans in the room?
12:05 koolblue: buying one at 808.50
12:08 JackS65: Posted a Market Volume charft
12:10 gila: thanks lord alfa fr your pdf
12:11 feng456: yea now I dont have to go get a stupid library card
12:13 koolblue: chickened out at 809.00...
12:13 koolblue: plus half a handle
12:14 LordAlfa: Feng. Its my FTP server. So I am the government. I'll tax you for the downloads
12:14 feng456: im in canada
12:14 feng456: so joke is on u
12:15 LordAlfa: Are you Chinese?
12:15 feng456: yes
12:15 feng456: my name gave it away?
12:17 koolblue: selling 811.00
12:18 koolblue: short again at 811.00
12:24 PDQ: ......Potential 1 minute "Buy Anti" setting up.....bidding 810.50............Target is 814.50 area..........
12:28 PDQ: Yep...already hit and exceeded the 161.8% UP projection.....looking for a pullback to enter........9.75 to 10.50 area should be a good entry area.....IF it gets there :-)
12:33 koolblue: stopped at 813.50...loss of 2.5...now up 7.25
12:38 PDQ: The "Buy Anti" objective is equal swings - putting the upside target (for the Anti) at 815.00......
12:38 koolblue: selling 814.50
12:39 PDQ: What is your 15m downside projection Kool?
12:41 PDQ: Hmmmm.....I'm looking for more pullback to set up a 30m Grail Buy........20 EMA is at 803.34 and rising right now......
12:43 VO: I have 15m from 9:15 that gives 3.75
12:44 PDQ: Looks like a divergent double top on the 5 minute chart.....and the little Buy Anti and Kool's projection both appear to have failed....
12:45 PDQ: Thanks VO......should be a pretty good buying area...........
12:50 PDQ: If the rules of Harmonic patterns allow that 5 minute double top, then a Bullish Butterfly would set up between 802.75 and 804.25 area.....
12:51 VO: depends on who ur asking
12:53 PDQ: Well, there's both targets hit, but it was the long way around the barn to get there :-)
12:53 koolblue: short one from 814.75
12:55 PDQ: Ok VO, do we have a Bearish Butterfly setting up now on the 5 minute chart?
12:56 PDQ: 817.75 area for the Bearish Butterfly short entry???
12:57 VO: yeah
13:01 koolblue: stopped at 16.75...loss of 2
13:01 VO: s 1 @ 16.75
13:08 VO: flat 15.25
13:08 VO: ty
13:09 prestwickdrive: bigs +14k now
13:13 koolblue: projection up is 819.25
13:17 VO: setting up nice divergence
13:18 VO: s 1 @ 16.50
13:19 VO: mite be wee early
13:22 prestwickdrive: bigs +21k
13:22 prestwickdrive: gap filled
13:23 prestwickdrive: 19.75= 50%ib
13:23 koolblue: short from 819.00
13:23 jt143: 13.75 pt range so far today fwiw
13:23 prestwickdrive: 19.25 glbx high
13:28 VO: stopped 19.50
13:29 feng456: this is ridiculous
13:31 Margie: I dont think feng can hear you
13:33 Margie: three drives up?
13:34 feng456: no how do I hear him?
13:34 koolblue: out one at 818.25
13:34 Margie: feng you have to download mumble, instructions on mypivots
13:35 koolblue: plus .75...now up 6 holding theother for 815 and change
13:35 feng456: o alright
13:35 feng456: under what section?
13:36 Margie: if you look at the private forums, and click on access instructions
13:36 Margie: for kools Tools
13:36 kittste: Check here feng http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3783
13:36 feng456: ok thanks
13:37 koolblue: out at 816.25..plus 2.75 there...up 8.75 now
13:38 feng456: man my trades are finally working
13:38 feng456: too bad im broke
13:38 koolblue: good for you Feng!
13:39 koolblue: dont worry, so's the government!
13:39 Margie: I had a 15 min at 920.25 came within one tick
13:40 feng456: yea but I cant print more money
13:40 PT: call gietner and get a bailout feng
13:42 feng456: im canadian :P
13:42 feng456: I dont think we've done anything so ridiculous yet
13:45 Hawk: high all
13:45 feng456: im denied?
13:45 feng456: what the deuce?
13:47 Vast524: Tou need to fill in an application Feng. Here is the link. http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3883
13:48 feng456: I did both
13:48 feng456: I am member of the forum
13:48 feng456: and I just did the other thing
13:49 Vast524: It takes time to be added to Mumble. Maybe later today or tomorrow.
13:49 Vast524: Please be patient
13:49 feng456: finally
13:49 feng456: thank you
13:50 feng456: somebody say something so I know I did it right
13:50 koolblue: CHART POSTED
13:50 feng456: ok cool
13:53 feng456: yep
13:53 feng456: I do
13:54 koolblue: trying to sell 815.50
13:57 koolblue: now trying to sell the boll at 814.75
13:58 koolblue: short a couple at 814.75
13:59 koolblue: covered one at 13.75 to reduce risk
14:00 koolblue: now up 9.75 on the day
14:03 Margie: 2:04 could be a mini ho fwiw
14:03 Margie: hi
14:04 Margie: a mini ho, you know :)
14:07 prestwickdrive: bigs +22k
14:07 palmer: I guess that was lows
14:07 palmer: got a bounce
14:08 palmer: 2:04
14:08 palmer: yep
14:11 prestwickdrive: bigs +24k
14:11 prestwickdrive: HOD
14:13 koolblue: stopped at 817.50...loss of 2.75 on one es...now up 7
14:16 VO: s 1 @ 16.25
14:17 VO: stop 18.25
14:20 Margie: wgat the heck!
14:22 VO: f u es
14:23 karen: that is crazy price action
14:23 karen: locals in the pit, just running all the stops both ways
14:24 parson: Glad you-all think so. I thought it was just me
14:28 VO: s 1 @ 15.75
14:32 VO: stop 16.75
14:34 feng456: well im out of that short
14:35 karen: uggh...covered my short too...left lots on the table...tough trading today
14:36 karen: very whippy action
14:36 VO: flat 13.75
14:37 feng456: gj VO
14:37 VO: ty
14:41 feng456: I went long btw
14:41 feng456: 14.00
14:42 feng456: 2 pt stop
14:50 feng456: still waiting for my exit...
14:50 VO: wtf trying 16
14:52 VO: stop be
14:52 VO: stop 15.50
14:53 VO: flat
14:53 feng456: teeter totter eh
14:54 VO: worst trader in the land
14:55 karen: these are untrade-able conditions really
14:55 karen: so whippy
14:55 PashaLV: S@14
14:55 icepick: L @ 12.50
14:55 feng456: well damn it
14:56 feng456: how I turned +2 pts into -2
14:56 feng456: by feng456
14:56 karen: lol feng....I know that story very well
14:56 PashaLV: stop@ 1425 target 810
14:57 feng456: im on sim
14:57 feng456: but I treat it like real
14:57 VO: u cant get any worse than that...i quit im going to go sell ties in the mall
14:58 feng456: I went long again
14:58 feng456: 2 pt stop
14:58 icepick: theres nobody at the mall to sell to, vo
14:58 feng456: vo wait till unemployment cheque da
14:58 feng456: day*
14:58 icepick: but i'll join you :)
14:59 PT: file for a bailout
14:59 PashaLV: flat 11.50
14:59 PT: nice trade Pasha
15:00 PashaLV: Thanks, PT
15:05 PashaLV: TY, VO
15:10 feng456: stopped
15:10 icepick: stopped
15:11 feng456: how much do ppl get on their unemployment cheques?
15:12 VO: why am I not short...oh thats right I moved my stop like an noob
15:13 feng456: im long
15:13 feng456: again
15:13 feng456: 2.25 stop
15:16 Margie: My elliott wave book just arrived, now I'm in trouble
15:16 feng456: lol
15:17 karen: lol margie
15:17 prestwickdrive: bonds still pushing up
15:26 VO: s 1 @ 10.25
15:28 feng456: darn I dont get exit signals for my longs and entry signals for any shorts
15:29 feng456: stopped out again
15:29 VO: flat 8.25
15:29 feng456: How I turned 2 points into -2 points: Part 2
15:29 VO: 15m = 7.50
15:29 Margie: way to go VO
15:29 karen: lol feng, don't mean to laugh, but I relate to that statement
15:30 palmer: the 15 min was 07.50?
15:30 palmer: thought it was 06.25
15:31 palmer: ok I see it was 07.50
15:31 VO: l 1 @ 9.25
15:32 karen: you go VO....nice trading
15:32 Haku: bye, everyone.. happy trading
15:33 VO: flat 10.50
15:33 feng456: pce
15:33 feng456: I went long again
15:33 feng456: 2.5 stop
15:34 feng456: im not increasing my stop out of lack of discipline, but rather my stop depends not on my entry but on the most previous high or low
15:34 feng456: just saying
15:35 VO: I thought u didnt use stops
15:36 VO: buying with a close
15:36 feng456: I didnt
15:37 feng456: but ive grown up
15:37 feng456: learned through pain
15:37 VO: atta boy
15:37 feng456: didnt think u'd remember though haha
15:37 feng456: I havent talked to u since like november
15:38 VO: l @ 10.50
15:38 koolblue: cycle mini peak 3:43
15:39 VO: 1 @ 12
15:39 VO: stop be
15:39 feng456: omg this may actually work this time
15:41 feng456: out
15:41 feng456: 2 pts
15:41 feng456: shorting now
15:41 VO: flat
15:41 feng456: 2.25 stop
15:45 VO: s 1 @ 9.75
15:47 VO: stop be
15:48 VO: flat 8.75
15:49 feng456: stil in,,,
15:50 feng456: out
15:50 feng456: 1.5
15:50 feng456: now long
15:50 feng456: 3 pt stop :(
15:50 feng456: bad fill
15:51 VO: l 1 @ 9
15:51 VO: stop 7.25
15:52 VO: flat
15:53 feng456: ouch
15:53 feng456: -3
15:56 VO: pukin em up
15:56 VO: 97.50 = 60m
15:57 prestwickdrive: 00.5= -50%ib
15:57 prestwickdrive: 80% to 91.0
15:57 VO: also the 60m 50 sma
15:57 feng456: yea im done for the day
15:57 prestwickdrive: bigs now -3k
15:57 feng456: like down 20 points
15:58 feng456: and I blame nothing but
15:58 feng456: myself
15:59 prestwickdrive: bigs -8k
16:01 VO: 1.25 = pp
16:04 feng456: cya guys
16:07 prestwickdrive: bigs -14k
16:07 prestwickdrive: y
16:17 icepick: indeed - another good day here
16:18 Margie: great day
16:18 icepick: green here - gotta go bye kool
16:18 Margie: Take care, Kool
16:19 Margie: Everyone have a great evening, see you back here, same time, same place tomorrow :)
16:19 icepick: bye margie
16:23 PashaLV: See you, Margie !
16:30 PashaLV: Tee you tomorrow friends ! I'm off.
06:39 VO: flat @ 8
06:40 koolblue: great callVo!
06:40 koolblue: [email protected]
06:41 VO: I like starting the day up 9 handles
06:43 koolblue: yup
06:48 koolblue: looking for 811.50.will exit 810.50
06:52 koolblue: filled at 810.50! plus 2 on each! up 4 and smiling again
06:53 VO: nice
06:55 koolblue: going to play gold again today?
06:55 koolblue: bingo on 811.50
06:56 VO: depends if es is trading stoopid or not
06:56 koolblue: lol
07:16 koolblue: chart posted
07:17 koolblue: 5 min cycle just peaked
07:24 palmer: morning Kool
07:24 palmer: morning gang
07:27 Margie: Anyone with Ninja having trouble with charts?
07:28 palmer: mine are ok margie
07:28 Margie: thanks Palmer
07:32 koolblue: LONG ONE FROM 810.75...TIGHT STOP
07:35 koolblue: looking for 813.50 eventually, will exit at 12.50
07:37 palmer: that projection is from that 6:40, 6:45 2 candle?
07:38 palmer: 5 min projection
07:39 koolblue: yup
07:39 VO: I suspect that today will be a day of retrace from our move yesterday...am not expecting much, if any, upside follow through today
07:40 palmer: kool like on a play like this where do you put your stop
07:40 palmer: 2 points?
07:40 koolblue: I agree.... daily chart clearly had yesterday as a peak
07:40 koolblue: 1.75 stop.
07:41 koolblue: stop is 809.25 currently...sorry 1.5
07:41 palmer: but 3 is your normal stop
07:42 koolblue: correct
07:42 koolblue: my reasoning here is that if it breaks all these avgs here, then itll likely head back to 808 minimum!
07:44 koolblue: note that the 1 min bar at 7:15 is already saying 808.25 unless 811.75 is touched again
07:44 palmer: ticks were 1255 yesterday
07:44 koolblue: and if 807.50 doesnt hold then 797.50 could be in play
07:47 VO: 97.50 being 60m proj
07:47 koolblue: daily chart shows another peak tomorrow, but if it comes at a lower high ,that would be very negative!
07:48 koolblue: good! 811.75 was touched again negating that 808.25 projection
07:52 koolblue: all the 1 min averages are between 810.50 and 811.00
08:00 palmer: yep Kool I get that guy emails tooo
08:00 palmer: is he any good
08:04 PT PM'd
08:08 koolblue: hes ok
08:08 koolblue: im not much of an mp freak tho
08:09 koolblue: stopped at 809.25...loss of 1.5...up 2.5 on the day
08:14 palmer: gotcha
08:15 palmer: saw it
08:16 palmer: we looking lower
08:17 palmer: mini low just now on the 1 min
08:24 koolblue: long one at 808.25
08:25 koolblue: out at 809.75...plus 1.5...up 4 again
08:27 koolblue: 809.75 sold one
08:33 Margie: no 8:30 news
08:33 Margie: 8:45 Goldman Store Sales
08:41 koolblue: stopped at 811.50 1.75 loss up 2.25
08:54 gila: gold down 18.4
09:31 PashaLV: Good morning friends !
09:34 prestwickdrive: gap 817.25, 50 back 813.0
09:38 VO: s 1 @ 8.75
09:40 gila: 809.5 vah
09:40 VO: flat be
09:40 gila: 7660 vah
09:41 gila: 10am richmond fed
09:42 gila: Economic
10:00am TAF results. Jan House Price Index m/m (last -0.1%), March Richmond Fed Manufacturing Index (last -51)
3:00pm TSLF announcement
4:30pm API Crude Oil/Gasoline/Distillate Inventories
Events
6:00am Fed's Evans speaks to Czech National Bank on economic outlook. 10:00am Fed Chairman Bernanke & Treasury Sec Geithner testify before Congress on AIG. 2:35pm Fed's Bullard speaks in London. Credit Suisse Asia Investment Conference. Deutsche Bank MENA Equity Conference. ICSC/UBSW Chain Store Sales (7:45, last -0.1%). Redbook Retail Sales (8:55, last -1.1%). ABC Consumer Confidence (last -47). Trades Ex-dividend: SWY $0.083.
09:46 Dusty: n
09:47 Haku: gmorning
09:55 VO: l 1 @ 7.50
09:56 VO: stop 6.25
09:58 VO: flat 9.50
10:00 palmer: nice VO
10:01 PT: nice trade VO
10:01 VO: ty
10:04 VO: s @ 14.25
10:09 VO: 1 @ 12.25
10:09 VO: stop 14.75
10:13 VO: flat 12
10:23 VO: L 1 9
10:25 palmer: short 809.5
10:27 VO: stop 8
10:28 VO: offering 10.50
10:29 VO: flat
10:29 icepick: gm kool
10:29 PashaLV: Hi Kool
10:30 palmer: 3 point stop
10:33 palmer: cover +2
10:34 koolblue: long one from 807.25
10:37 koolblue: stop at 805.00
10:37 VO: pay attention to the 98-00 level when we get there
10:38 VO: if they turn us there...big bull gartley
10:41 PDQ: ...........VO, the same area sets up a 30 minute Grail Buy.....
10:42 koolblue: flat at b.e.
10:45 VO: L 1 @ 8
10:46 VO: stop 6.50
10:47 VO: flat
10:49 Margie: I am shpwing a 15 min at 795.25?
10:51 VO: 60m = 97.50
10:51 Margie: ty
10:53 koolblue: out at 808.25..plus 1 handle(onees only)..up 3.25 on the day
10:54 icepick: kool, one of those wicked "w"s showing up on 1 min ?
10:55 icepick: yeah, it's got that lower low u were talking about the other day
10:56 icepick: ok thks
10:57 VO: mini H top of hour
10:59 koolblue: selling here 809.00
11:02 koolblue: short one from 809.00
11:03 VO: s @ 7.75
11:05 koolblue: out at 806.75...plus 2.25 there
11:06 koolblue: up 5.5 on the day
11:06 VO: flat 8
11:07 bruce9432: Is there audio on Mumble?
11:08 icepick: yes
11:08 bruce9432: I'll try and download it again
11:09 icepick: check ur volume 1st, and then wait - there's not constant talking - sometimes silent 4 a while
11:10 bruce9432: I followed all instructions and couldn't get the channels to un-grey
11:13 icepick: not sure what u mean by un - grey, u should try to get help from pt
11:14 koolblue: good cycle top due 11:50
11:17 bruce9432: It says in the instructions to go to "channel" and when I do it the choices don't activate (turn bold)
11:18 koolblue: buying 809.50
11:21 koolblue: l @809.50
11:29 LordAlfa: L 7648 on YM
11:30 koolblue: out at 813
11:30 LordAlfa: YM 1 min proj 7677 hit dead nuts
11:30 LordAlfa: flat
11:31 koolblue: 813.25...plus 3.75 ..now up 9.25
11:31 LordAlfa: +29 = $145
11:32 LordAlfa: Jus this one trade
11:33 LordAlfa: Same 4.4
11:33 palmer: Ym alittle cheaper isn't it
11:33 LordAlfa: ROI not as attractive as ES
11:33 LordAlfa: Let me check.
11:34 LordAlfa: 4.4 on Static DOM
11:34 LordAlfa: 0-500.
11:36 LordAlfa: YM 1 pt = $5
11:36 feng456: hey guys
11:37 VO: s 1 @ 12.25
11:37 feng456: whats a good sample size of data for backtesting a new strategy?
11:37 feng456: like how many days?
11:38 LordAlfa: As long as you like.
11:38 LordAlfa: Individual preference
11:38 feng456: ok but reasonably
11:38 LordAlfa: Ultimately, youhave to be assured
11:38 koolblue: short one just for a quickie at 812.50
11:38 LordAlfa: Are you using Ninja?
11:38 feng456: yea well I took a week's worth of data and it seemed fairly consistent
11:38 feng456: yes I am
11:38 feng456: *was lol
11:39 LordAlfa: Record the Intraday data.
11:39 LordAlfa: Playback
11:39 LordAlfa: Test the strategy after trading hours
11:39 feng456: well I did that for a week
11:39 LordAlfa: Well? Results? %win against loss
11:39 feng456: and I thought ok seems like it's profitable
11:39 LordAlfa: Are you comfortable?
11:39 feng456: anywhere between 40/60 to 60/40
11:39 feng456: I WAS
11:39 feng456: I just lost my first account
11:40 PDQ: ....We are in a little 1 minute Grail Buy here..
11:40 feng456: the results today have been like 7 losers and 1 winner
11:40 feng456: which is totally way off of my stats
11:40 LordAlfa: View the Mark Douglas video.
11:40 feng456: the 1 hour one?
11:40 PDQ: ...just re-tested the high though....may be all of the upside...
11:40 feng456: on wizetv or somethign?
11:40 LordAlfa: Your psyche was in the way.
11:40 LordAlfa: Actual fear grips.
11:41 feng456: yea I wish that was the case but I actually didnt feel any fear or anxiety today
11:41 feng456: I didnt make any mistakes...did all I was supposed to
11:41 LordAlfa: And?
11:41 feng456: and this turned out to be by far the worst day in a week
11:41 feng456: so im wondering if it's cause my sample size was too small
11:41 feng456: or I just need to do more praying
11:42 LordAlfa: Well keep pounding the door tomorrow
11:42 feng456: well my account is blown up
11:42 feng456: not just from today...
11:42 LordAlfa: Cut your loss and come back again. This is the hardest easy money that everyone will ever earn.
11:43 feng456: ok but I wish I knew what I did wrong
11:43 LordAlfa: You did nothing wrong. Stop blaming yourself
11:44 feng456: ok thanks a lot I will be going back to the bank -.-
11:44 feng456: and i'll keep sim trading till then
11:45 LordAlfa: No matter what Kool says about him being ill disciplined. In fact he is very disciplined in his method
11:47 feng456: wat me?
11:47 feng456: I dont have sound on
11:47 LordAlfa: Kool
11:48 LordAlfa: Kool is in fact very disciplined in his method
11:48 feng456: oh
11:48 feng456: well see I was and thats what really annoys me is I did everythign right and everything I could possibly do
11:48 LordAlfa: Not for staying in the trade for long but he know what and when he needs to execute.
11:48 feng456: and fate hands me the worst day in a week
11:49 feng456: well one thing he has over me is experience
11:49 LordAlfa: Should stay on a maximum drawdown for the day. Say 3x 2pt loss mean shutdown and get away. The market is not in your favor
11:50 LordAlfa: Experience is something we earn daily.
11:50 feng456: well when I backtested my plan called for taking every possible trade in a day
11:50 LordAlfa: The money is secondary. Continue trading in sim
11:50 feng456: and the results were good...
11:50 feng456: I think the worst day was down 4 points
11:50 feng456: best was up 27
11:51 feng456: and none of the days would I have reached my daily stop anyway
11:51 LordAlfa: My best days was +56 and worst -33. So I have my fair share. So don't despair.
11:52 LordAlfa: We are all in the same boat going somewhere.
11:52 feng456: im amazingly calm for losing most of my life savings
11:53 bruce9432: feng, after back testing did you run it on a simulator?
11:53 feng456: ok what my strategy allows me to do is pinpoint to the tick (minus slippage) my entries and exits
11:54 LordAlfa: Did you read The Disciplined Trader?
11:54 palmer: miss me @13.50
11:54 palmer: sucks
11:54 feng456: no I really dont think discipline was the problem today
11:54 LordAlfa: Mark went thru this phase.
11:54 feng456: it was what I wouldve done if I was backtesting
11:54 LordAlfa: He was clam after he lost everything.
11:54 feng456: and then...?
11:54 LordAlfa: Stop beating yourself.
11:54 feng456: he shot himself?
11:55 LordAlfa: Well. He found that there are more things important in life
11:55 feng456: well yes...
11:55 LordAlfa: Stick to that
11:55 feng456: and keep trading right?
11:56 LordAlfa: yep. but approach it in a different mid.
11:56 VO: flat 10.50
11:56 feng456: how so
11:57 LordAlfa: hah. They 2 ticked me on YM. 1 min proj 7686. high 7684
11:57 feng456: is this Mark guy still trading? did he make it?
11:58 LordAlfa: Just read his book. I'll give you guys a link on my private ftp server.
11:58 feng456: mark = mark douglas?
11:58 LordAlfa: Yes.
11:58 feng456: ohh
11:58 feng456: cool well at least thats hopeful
12:00 gila: smh neg for day
12:01 LordAlfa: ftp://northwood.pointclark.net
12:01 JackS65: AdvGet chart posted
12:01 LordAlfa: username: public, password: public Look for the Folder TradingBooks.
12:02 LordAlfa: They are in PDF
12:02 LordAlfa: Take care Feng
12:02 Margie: thank you to Jack and LA
12:03 feng456: thanks a bunch
12:03 feng456: seriously
12:03 palmer: VAH 809.50
12:04 LordAlfa: Just don't download the movies. They are illegal? :-P
12:05 feng456: lopl
12:05 feng456: yea cuz I never do that...
12:05 feng456: any police mans in the room?
12:05 koolblue: buying one at 808.50
12:08 JackS65: Posted a Market Volume charft
12:10 gila: thanks lord alfa fr your pdf
12:11 feng456: yea now I dont have to go get a stupid library card
12:13 koolblue: chickened out at 809.00...
12:13 koolblue: plus half a handle
12:14 LordAlfa: Feng. Its my FTP server. So I am the government. I'll tax you for the downloads
12:14 feng456: im in canada
12:14 feng456: so joke is on u
12:15 LordAlfa: Are you Chinese?
12:15 feng456: yes
12:15 feng456: my name gave it away?
12:17 koolblue: selling 811.00
12:18 koolblue: short again at 811.00
12:24 PDQ: ......Potential 1 minute "Buy Anti" setting up.....bidding 810.50............Target is 814.50 area..........
12:28 PDQ: Yep...already hit and exceeded the 161.8% UP projection.....looking for a pullback to enter........9.75 to 10.50 area should be a good entry area.....IF it gets there :-)
12:33 koolblue: stopped at 813.50...loss of 2.5...now up 7.25
12:38 PDQ: The "Buy Anti" objective is equal swings - putting the upside target (for the Anti) at 815.00......
12:38 koolblue: selling 814.50
12:39 PDQ: What is your 15m downside projection Kool?
12:41 PDQ: Hmmmm.....I'm looking for more pullback to set up a 30m Grail Buy........20 EMA is at 803.34 and rising right now......
12:43 VO: I have 15m from 9:15 that gives 3.75
12:44 PDQ: Looks like a divergent double top on the 5 minute chart.....and the little Buy Anti and Kool's projection both appear to have failed....
12:45 PDQ: Thanks VO......should be a pretty good buying area...........
12:50 PDQ: If the rules of Harmonic patterns allow that 5 minute double top, then a Bullish Butterfly would set up between 802.75 and 804.25 area.....
12:51 VO: depends on who ur asking
12:53 PDQ: Well, there's both targets hit, but it was the long way around the barn to get there :-)
12:53 koolblue: short one from 814.75
12:55 PDQ: Ok VO, do we have a Bearish Butterfly setting up now on the 5 minute chart?
12:56 PDQ: 817.75 area for the Bearish Butterfly short entry???
12:57 VO: yeah
13:01 koolblue: stopped at 16.75...loss of 2
13:01 VO: s 1 @ 16.75
13:08 VO: flat 15.25
13:08 VO: ty
13:09 prestwickdrive: bigs +14k now
13:13 koolblue: projection up is 819.25
13:17 VO: setting up nice divergence
13:18 VO: s 1 @ 16.50
13:19 VO: mite be wee early
13:22 prestwickdrive: bigs +21k
13:22 prestwickdrive: gap filled
13:23 prestwickdrive: 19.75= 50%ib
13:23 koolblue: short from 819.00
13:23 jt143: 13.75 pt range so far today fwiw
13:23 prestwickdrive: 19.25 glbx high
13:28 VO: stopped 19.50
13:29 feng456: this is ridiculous
13:31 Margie: I dont think feng can hear you
13:33 Margie: three drives up?
13:34 feng456: no how do I hear him?
13:34 koolblue: out one at 818.25
13:34 Margie: feng you have to download mumble, instructions on mypivots
13:35 koolblue: plus .75...now up 6 holding theother for 815 and change
13:35 feng456: o alright
13:35 feng456: under what section?
13:36 Margie: if you look at the private forums, and click on access instructions
13:36 Margie: for kools Tools
13:36 kittste: Check here feng http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3783
13:36 feng456: ok thanks
13:37 koolblue: out at 816.25..plus 2.75 there...up 8.75 now
13:38 feng456: man my trades are finally working
13:38 feng456: too bad im broke
13:38 koolblue: good for you Feng!
13:39 koolblue: dont worry, so's the government!
13:39 Margie: I had a 15 min at 920.25 came within one tick
13:40 feng456: yea but I cant print more money
13:40 PT: call gietner and get a bailout feng
13:42 feng456: im canadian :P
13:42 feng456: I dont think we've done anything so ridiculous yet
13:45 Hawk: high all
13:45 feng456: im denied?
13:45 feng456: what the deuce?
13:47 Vast524: Tou need to fill in an application Feng. Here is the link. http://www.mypivots.com/forum/topic.asp?TOPIC_ID=3883
13:48 feng456: I did both
13:48 feng456: I am member of the forum
13:48 feng456: and I just did the other thing
13:49 Vast524: It takes time to be added to Mumble. Maybe later today or tomorrow.
13:49 Vast524: Please be patient
13:49 feng456: finally
13:49 feng456: thank you
13:50 feng456: somebody say something so I know I did it right
13:50 koolblue: CHART POSTED
13:50 feng456: ok cool
13:53 feng456: yep
13:53 feng456: I do
13:54 koolblue: trying to sell 815.50
13:57 koolblue: now trying to sell the boll at 814.75
13:58 koolblue: short a couple at 814.75
13:59 koolblue: covered one at 13.75 to reduce risk
14:00 koolblue: now up 9.75 on the day
14:03 Margie: 2:04 could be a mini ho fwiw
14:03 Margie: hi
14:04 Margie: a mini ho, you know :)
14:07 prestwickdrive: bigs +22k
14:07 palmer: I guess that was lows
14:07 palmer: got a bounce
14:08 palmer: 2:04
14:08 palmer: yep
14:11 prestwickdrive: bigs +24k
14:11 prestwickdrive: HOD
14:13 koolblue: stopped at 817.50...loss of 2.75 on one es...now up 7
14:16 VO: s 1 @ 16.25
14:17 VO: stop 18.25
14:20 Margie: wgat the heck!
14:22 VO: f u es
14:23 karen: that is crazy price action
14:23 karen: locals in the pit, just running all the stops both ways
14:24 parson: Glad you-all think so. I thought it was just me
14:28 VO: s 1 @ 15.75
14:32 VO: stop 16.75
14:34 feng456: well im out of that short
14:35 karen: uggh...covered my short too...left lots on the table...tough trading today
14:36 karen: very whippy action
14:36 VO: flat 13.75
14:37 feng456: gj VO
14:37 VO: ty
14:41 feng456: I went long btw
14:41 feng456: 14.00
14:42 feng456: 2 pt stop
14:50 feng456: still waiting for my exit...
14:50 VO: wtf trying 16
14:52 VO: stop be
14:52 VO: stop 15.50
14:53 VO: flat
14:53 feng456: teeter totter eh
14:54 VO: worst trader in the land
14:55 karen: these are untrade-able conditions really
14:55 karen: so whippy
14:55 PashaLV: S@14
14:55 icepick: L @ 12.50
14:55 feng456: well damn it
14:56 feng456: how I turned +2 pts into -2
14:56 feng456: by feng456
14:56 karen: lol feng....I know that story very well
14:56 PashaLV: stop@ 1425 target 810
14:57 feng456: im on sim
14:57 feng456: but I treat it like real
14:57 VO: u cant get any worse than that...i quit im going to go sell ties in the mall
14:58 feng456: I went long again
14:58 feng456: 2 pt stop
14:58 icepick: theres nobody at the mall to sell to, vo
14:58 feng456: vo wait till unemployment cheque da
14:58 feng456: day*
14:58 icepick: but i'll join you :)
14:59 PT: file for a bailout
14:59 PashaLV: flat 11.50
14:59 PT: nice trade Pasha
15:00 PashaLV: Thanks, PT
15:05 PashaLV: TY, VO
15:10 feng456: stopped
15:10 icepick: stopped
15:11 feng456: how much do ppl get on their unemployment cheques?
15:12 VO: why am I not short...oh thats right I moved my stop like an noob
15:13 feng456: im long
15:13 feng456: again
15:13 feng456: 2.25 stop
15:16 Margie: My elliott wave book just arrived, now I'm in trouble
15:16 feng456: lol
15:17 karen: lol margie
15:17 prestwickdrive: bonds still pushing up
15:26 VO: s 1 @ 10.25
15:28 feng456: darn I dont get exit signals for my longs and entry signals for any shorts
15:29 feng456: stopped out again
15:29 VO: flat 8.25
15:29 feng456: How I turned 2 points into -2 points: Part 2
15:29 VO: 15m = 7.50
15:29 Margie: way to go VO
15:29 karen: lol feng, don't mean to laugh, but I relate to that statement
15:30 palmer: the 15 min was 07.50?
15:30 palmer: thought it was 06.25
15:31 palmer: ok I see it was 07.50
15:31 VO: l 1 @ 9.25
15:32 karen: you go VO....nice trading
15:32 Haku: bye, everyone.. happy trading
15:33 VO: flat 10.50
15:33 feng456: pce
15:33 feng456: I went long again
15:33 feng456: 2.5 stop
15:34 feng456: im not increasing my stop out of lack of discipline, but rather my stop depends not on my entry but on the most previous high or low
15:34 feng456: just saying
15:35 VO: I thought u didnt use stops
15:36 VO: buying with a close
15:36 feng456: I didnt
15:37 feng456: but ive grown up
15:37 feng456: learned through pain
15:37 VO: atta boy
15:37 feng456: didnt think u'd remember though haha
15:37 feng456: I havent talked to u since like november
15:38 VO: l @ 10.50
15:38 koolblue: cycle mini peak 3:43
15:39 VO: 1 @ 12
15:39 VO: stop be
15:39 feng456: omg this may actually work this time
15:41 feng456: out
15:41 feng456: 2 pts
15:41 feng456: shorting now
15:41 VO: flat
15:41 feng456: 2.25 stop
15:45 VO: s 1 @ 9.75
15:47 VO: stop be
15:48 VO: flat 8.75
15:49 feng456: stil in,,,
15:50 feng456: out
15:50 feng456: 1.5
15:50 feng456: now long
15:50 feng456: 3 pt stop :(
15:50 feng456: bad fill
15:51 VO: l 1 @ 9
15:51 VO: stop 7.25
15:52 VO: flat
15:53 feng456: ouch
15:53 feng456: -3
15:56 VO: pukin em up
15:56 VO: 97.50 = 60m
15:57 prestwickdrive: 00.5= -50%ib
15:57 prestwickdrive: 80% to 91.0
15:57 VO: also the 60m 50 sma
15:57 feng456: yea im done for the day
15:57 prestwickdrive: bigs now -3k
15:57 feng456: like down 20 points
15:58 feng456: and I blame nothing but
15:58 feng456: myself
15:59 prestwickdrive: bigs -8k
16:01 VO: 1.25 = pp
16:04 feng456: cya guys
16:07 prestwickdrive: bigs -14k
16:07 prestwickdrive: y
16:17 icepick: indeed - another good day here
16:18 Margie: great day
16:18 icepick: green here - gotta go bye kool
16:18 Margie: Take care, Kool
16:19 Margie: Everyone have a great evening, see you back here, same time, same place tomorrow :)
16:19 icepick: bye margie
16:23 PashaLV: See you, Margie !
16:30 PashaLV: Tee you tomorrow friends ! I'm off.
Thurs. March 26th
07:44 Server off-line 07:44:02 Please wait.
07:45 Server on-line 07:45:06
08:09 palmer: morning gang
08:27 karen: morning palmer
08:40 gila: good morning
08:40 gila: palmer where did you get stps indicator
08:41 palmer: dont understand it
08:41 gila: where is the indicator posted
08:41 gila: thx
08:42 palmer: on the indicator thread in kool tool forum
08:42 gila: k thx
09:09 palmer: anyone know when they support to announce the mark to market stuff
09:30 PashaLV: Good morning all!
09:30 karen: gm pasha
09:30 karen: VO....are you still short? I covered at 13.50...this market is unbelievably resilient
09:31 Haku: gmornin'
09:33 VO: no karen...was up most the night...made a nice recovery but starting down 13 handles
09:34 karen: well...today's a new day
09:38 prestwickdrive: gap fill 08.25, 50% 13.5
09:44 prestwickdrive: uva 22.25
09:48 VO: s @ 22
09:48 VO: stop above high
09:49 VO: 1 @ 20.50
09:50 VO: 1 @ 19.75
09:50 VO: stop 21.50
09:51 bruce9432: Don't know why but I can't seem to find my way into Mumble, every time I try I sit outside the room and no amount of machinations lets me in, hate to get between a dog and his bone but could use some help
09:51 VO: flat 18
09:52 PashaLV: VO, very nice trade !
09:52 karen: nice one VO
09:52 VO: ty
09:54 koolblue: Bruce just double click on the kools tools room icon
09:54 PashaLV: didn't bounced @ 18.. i'm surprised..
09:55 karen: gm Kool
09:55 PashaLV: GM Kool
09:56 icepick: gm kool
09:56 mrg22: gm
09:56 einstein: gm Kool
09:56 VO: bruce somethings wrong...i tried moving u up and couldnt
09:56 VO: I moved u down
09:56 prestwickdrive: he's in
09:57 bruce9432: someone moved me, I though it was me
09:57 bruce9432: in
09:57 einstein: wicked 5 min projection 807isjh
10:07 palmer: trying to short 817
10:08 prestwickdrive: Santelli on CNBC said 1 month T bill interest rate just went negative
10:11 palmer: prest I guess we are japan 2
10:11 prestwickdrive: scarry
10:12 VO: s @ 17.25
10:13 VO: stop be
10:14 VO: 1 @ 13.25
10:14 karen: great trading VO...way to make back those handles
10:15 VO: thats what they get for pissin me off
10:15 karen: lol...revenge trading
10:15 karen: go get em
10:16 koolblue: chart posted...private room
10:16 VO: 1 @ 11.25
10:16 einstein: 15 min proj 798
10:18 einstein: which bars did u use for this cycle low Kool?
10:21 einstein: sorry what was the first bar couldnt hear you
10:21 einstein: thanks
10:24 einstein: I have mini high around 1028
10:30 VO: stop 15.75
10:30 VO: make that 16
10:38 VO: flat
10:44 VO: l 1 @ 18
10:45 VO: offering 19.25
10:46 VO: flat 17
10:55 VO: l @ 15.75
10:55 VO: stop 14
10:56 VO: flat...what a chump trade
10:59 koolblue: long from 814.25
11:00 VO: l @ 16.25
11:01 koolblue: out 816.00
11:02 VO: im gonna be killed
11:06 VO: stop be
11:10 VO: 1 @ 19.25
11:12 VO: flat 19
11:12 VO: better outcome tan expected
11:19 koolblue: out at 19.50 from the long at the boll avg 17 50
11:20 VO: s 1 @ 18.25
11:21 VO: stop 20.25
11:23 VO: flat 17.75
11:24 icepick: two ticks so far
11:25 icepick: so true - i'll take it
11:29 VO: s 1 @ 17.75
11:31 prestwickdrive: 80% to 01.25
11:32 VO: flat 16.50
11:38 VO: buy stop 19.75
11:41 VO: top be
11:42 einstein: 1045 15 min candle suggests 832
11:43 PashaLV: S@20
11:43 PashaLV: stop 21.50
11:44 VO: flat
11:45 einstein: I am not always at my computer-missed that
11:46 einstein: I ha ve globex high of 23.25
11:47 einstein: Ok leaving for some errands- best of luck to everyone
11:47 gila: could someone help me with ninja after the market I installed it but I cannot download any of the indicators on kools site thx'
11:48 gila: thx
11:48 feng456: can u copy paste his site pls?
11:54 PashaLV: my target 13.25
11:56 LordAlfa: gila, is it stb's indicator?
12:02 gila: yes I downloaded ninja but I cannot open or access stps info thx lord alfa
12:02 VO: s @ 18
12:04 LordAlfa: don't unzip.
12:05 LordAlfa: File - > Utilities -> Import Ninja script
12:05 LordAlfa: Select the stb's zip file.
12:05 LordAlfa: You are done.
12:06 VO: flat 19.50
12:06 karen: I hate this market
12:06 karen: price action is so whippy
12:08 PashaLV: flat 21.50
12:09 karen: right
12:09 karen: plus locals in the pit were long, they seem to have real muscle over paper lately
12:11 karen: oh right....good point
12:11 karen: forgot about that
12:12 gila: im still lost im doing something wrong
12:17 VO: s 1 @ 20
12:20 LordAlfa: do you have remote desktop on?
12:20 LordAlfa: are you behinf a firewall
12:21 VO: flat 18.50
12:21 gila: norton
12:31 LordAlfa: Gila, what was the error or errors?
12:33 gila: it just never down loaded I cannot see any of stps charts
12:36 LordAlfa: right click the chart -> Indicators -> Look for STB_Ktools
12:36 LordAlfa: STB_MAX
12:36 LordAlfa: STB_MIN
12:36 LordAlfa: STB_TickForce
12:37 LordAlfa: Add them all and you get the indicators
12:39 LordAlfa: You will see a lot of rectangles and numbers which palmer and I still don't get it.
12:39 LordAlfa: When the indicators are loaded. Press Alt-H for help.
12:40 feng456: wheres the site that I get this from?
12:40 LordAlfa: kool's tools forum at mypivots. indicators thread.
12:40 feng456: ok thanks
12:42 VO: l 1 @ 21
12:44 gila: it still does not do anything maybe u or someone can help me when they are not trading I do not want to distract you thx
12:46 VO: stopped
12:48 bruce9432: In this chat, is there anyway to recover your PMs?
12:49 LordAlfa: Is your background color white or black for the chart?
12:55 feng456: someone answer bruce please
12:56 bruce9432: I accidentally deleted it b4 reading it
12:56 bruce9432: ok
12:58 karen: locals in the pit are very long and seem to be protecting this 17 area
12:58 karen: they don't want to see it go below that
12:59 Haku: bruce, you can get your pms from echat
13:00 karen: also 778 area is a naked poc
13:01 Haku: If you're using Ensign Windows, go to the Ensign folder and look for "chatlog"
13:01 Haku: it stores the chats and PMs there
13:02 bruce9432: Gaps work on certain instruments like AAPL
13:03 bruce9432: Haku, I just have the Ensign Chat
13:04 bruce9432: It's no big deal, the person that sent the PM had left the room, thanks anyway
13:05 Haku: :o((
13:37 icepick: have at it kool - we're listening
13:37 karen: lol cute
13:38 myptofvu: ty I made that up awhile ago
13:53 Vast524: thanks Kool
13:57 VO: 1 @ 24
14:03 VO: flat
14:10 palmer: why
14:10 palmer: dont u think we go higher
14:12 karen: I was listening a few minutes ago...locals were getting long
14:13 karen: but if they can't get higher prints they'll start to exit
14:15 myptofvu: thanks Karen
14:15 palmer: PT 800 TODAY?
14:15 palmer: no way
14:15 karen: yw
14:20 gila: we did more than half gap fill
14:21 Vast524: Conspiracy. lol
14:21 karen: I love that 15 min chart
14:21 gila: trin bearish
14:26 karen: I like it for a longer term view
14:27 karen: I like the 3 bar reversals when they occur
14:27 karen: I use much shorter time frames, but like the 15 min for overview
14:27 gila: where do u save charts in ninja
14:27 karen: thks pwd
14:27 Vast524: Cya PWD. Thanks
14:28 Vast524: Right click on the chart and choose save as image
14:33 Vast524: You're such an optimist PT
14:34 myptofvu: lol VO
14:41 gila: thanks vast
14:48 VO: L 1 @ 22.50
14:49 VO: stop 21
14:50 VO: stop be
14:52 VO: flat
14:54 palmer: coem come on PT
14:54 palmer: 801
14:54 palmer: :)
14:58 Vast524: Keep looking for those sell signals PT. lol Some chart will help you. :)
15:02 Vast524: Are myou using Ninja PT for the POC VAH...
15:05 Vast524: What indicator gives you this please?
15:05 Vast524: OK
15:06 Vast524: OK. I was expecting from you a fandangled indicator
15:07 Vast524: Are the numbers in the ES contract pivot page?
15:08 Vast524: Oh
15:08 Vast524: OK. I was looking on the ES contract page
15:08 palmer: right
15:08 palmer: about32
15:08 palmer: yep
15:09 palmer: 801
15:09 palmer: weeeeeeeeeeeeeeee
15:09 palmer: 798
15:09 palmer: man
15:09 palmer: that would be some sell off
15:11 Vast524: Sniff Sniff Sniff. PT's stop is around here
15:12 Vast524: lol
15:20 palmer: come on 801
15:20 palmer: :)
15:21 gila: skf financial short etf trying to go neg
15:23 gila: vix 40.86 lod 40.17
15:27 VO: 1 @ 24
15:27 VO: stop be
15:28 palmer: u short VO
15:28 VO: long
15:28 palmer: thought u were stlill short
15:29 palmer: ok
15:30 VO: stop 22.75
15:31 John: Transports up 192.
15:31 John: Over 7%.
15:31 Vast524: speedy typer
15:33 VO: offering 28
15:40 VO: BUY THIS PIG!!!
15:42 myptofvu: PURCHASE THIS SWINE!!!
15:43 VO: COME ON!
15:48 Vast524: Sleep is over rated VO. :)
15:49 Vast524: Why sleep when you can trade the Globex with PT
15:49 palmer: 733.25
15:49 palmer: 15 deadly
15:49 Vast524: 33.25 for me
15:50 palmer: VO where is 801
15:50 palmer: :)
15:50 palmer: opps
15:50 palmer: that was pt
15:50 palmer: yep
15:50 palmer: sorry
15:50 palmer: today
15:50 palmer: !!!
15:50 palmer: 801 today
15:50 palmer: was pt call
15:51 palmer: :)
15:51 palmer: comeon VO sell a 10k lot
15:51 palmer: or 100k lot
15:51 palmer: send us down
15:51 palmer: lol
16:11 PashaLV: See you tomorrow friends ! Have a nice evening.
16:13 bruce9432: If you watch Bloomberg over the web..no commercial
16:14 bruce9432: about 4 seconds delay
16:14 bruce9432: Use Google Chrome for the best picture
16:21 Haku: I guess VO's pig got bought...
16:22 myptofvu: yeah but he went long and got a good trade off
16:24 Haku: :o)--see y'all t'morrow
16:24 PT: nite Haku
16:30 bruce9432: http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV
16:33 myptofvu: Thanks Bruce watching it now...BTW are you BruceM?
16:35 PT: sell this pig !
16:37 myptofvu: Liquidate this Porcine!
16:38 myptofvu: where u short PT?
17:04 palmer: oh PT went short
17:48 VO: cloing ticks +1364
17:49 VO: closing
17:53 palmer: man VO
17:54 palmer: those closing ticks dont seem to be working
17:54 PT: buy signal !
07:44 Server off-line 07:44:02 Please wait.
07:45 Server on-line 07:45:06
08:09 palmer: morning gang
08:27 karen: morning palmer
08:40 gila: good morning
08:40 gila: palmer where did you get stps indicator
08:41 palmer: dont understand it
08:41 gila: where is the indicator posted
08:41 gila: thx
08:42 palmer: on the indicator thread in kool tool forum
08:42 gila: k thx
09:09 palmer: anyone know when they support to announce the mark to market stuff
09:30 PashaLV: Good morning all!
09:30 karen: gm pasha
09:30 karen: VO....are you still short? I covered at 13.50...this market is unbelievably resilient
09:31 Haku: gmornin'
09:33 VO: no karen...was up most the night...made a nice recovery but starting down 13 handles
09:34 karen: well...today's a new day
09:38 prestwickdrive: gap fill 08.25, 50% 13.5
09:44 prestwickdrive: uva 22.25
09:48 VO: s @ 22
09:48 VO: stop above high
09:49 VO: 1 @ 20.50
09:50 VO: 1 @ 19.75
09:50 VO: stop 21.50
09:51 bruce9432: Don't know why but I can't seem to find my way into Mumble, every time I try I sit outside the room and no amount of machinations lets me in, hate to get between a dog and his bone but could use some help
09:51 VO: flat 18
09:52 PashaLV: VO, very nice trade !
09:52 karen: nice one VO
09:52 VO: ty
09:54 koolblue: Bruce just double click on the kools tools room icon
09:54 PashaLV: didn't bounced @ 18.. i'm surprised..
09:55 karen: gm Kool
09:55 PashaLV: GM Kool
09:56 icepick: gm kool
09:56 mrg22: gm
09:56 einstein: gm Kool
09:56 VO: bruce somethings wrong...i tried moving u up and couldnt
09:56 VO: I moved u down
09:56 prestwickdrive: he's in
09:57 bruce9432: someone moved me, I though it was me
09:57 bruce9432: in
09:57 einstein: wicked 5 min projection 807isjh
10:07 palmer: trying to short 817
10:08 prestwickdrive: Santelli on CNBC said 1 month T bill interest rate just went negative
10:11 palmer: prest I guess we are japan 2
10:11 prestwickdrive: scarry
10:12 VO: s @ 17.25
10:13 VO: stop be
10:14 VO: 1 @ 13.25
10:14 karen: great trading VO...way to make back those handles
10:15 VO: thats what they get for pissin me off
10:15 karen: lol...revenge trading
10:15 karen: go get em
10:16 koolblue: chart posted...private room
10:16 VO: 1 @ 11.25
10:16 einstein: 15 min proj 798
10:18 einstein: which bars did u use for this cycle low Kool?
10:21 einstein: sorry what was the first bar couldnt hear you
10:21 einstein: thanks
10:24 einstein: I have mini high around 1028
10:30 VO: stop 15.75
10:30 VO: make that 16
10:38 VO: flat
10:44 VO: l 1 @ 18
10:45 VO: offering 19.25
10:46 VO: flat 17
10:55 VO: l @ 15.75
10:55 VO: stop 14
10:56 VO: flat...what a chump trade
10:59 koolblue: long from 814.25
11:00 VO: l @ 16.25
11:01 koolblue: out 816.00
11:02 VO: im gonna be killed
11:06 VO: stop be
11:10 VO: 1 @ 19.25
11:12 VO: flat 19
11:12 VO: better outcome tan expected
11:19 koolblue: out at 19.50 from the long at the boll avg 17 50
11:20 VO: s 1 @ 18.25
11:21 VO: stop 20.25
11:23 VO: flat 17.75
11:24 icepick: two ticks so far
11:25 icepick: so true - i'll take it
11:29 VO: s 1 @ 17.75
11:31 prestwickdrive: 80% to 01.25
11:32 VO: flat 16.50
11:38 VO: buy stop 19.75
11:41 VO: top be
11:42 einstein: 1045 15 min candle suggests 832
11:43 PashaLV: S@20
11:43 PashaLV: stop 21.50
11:44 VO: flat
11:45 einstein: I am not always at my computer-missed that
11:46 einstein: I ha ve globex high of 23.25
11:47 einstein: Ok leaving for some errands- best of luck to everyone
11:47 gila: could someone help me with ninja after the market I installed it but I cannot download any of the indicators on kools site thx'
11:48 gila: thx
11:48 feng456: can u copy paste his site pls?
11:54 PashaLV: my target 13.25
11:56 LordAlfa: gila, is it stb's indicator?
12:02 gila: yes I downloaded ninja but I cannot open or access stps info thx lord alfa
12:02 VO: s @ 18
12:04 LordAlfa: don't unzip.
12:05 LordAlfa: File - > Utilities -> Import Ninja script
12:05 LordAlfa: Select the stb's zip file.
12:05 LordAlfa: You are done.
12:06 VO: flat 19.50
12:06 karen: I hate this market
12:06 karen: price action is so whippy
12:08 PashaLV: flat 21.50
12:09 karen: right
12:09 karen: plus locals in the pit were long, they seem to have real muscle over paper lately
12:11 karen: oh right....good point
12:11 karen: forgot about that
12:12 gila: im still lost im doing something wrong
12:17 VO: s 1 @ 20
12:20 LordAlfa: do you have remote desktop on?
12:20 LordAlfa: are you behinf a firewall
12:21 VO: flat 18.50
12:21 gila: norton
12:31 LordAlfa: Gila, what was the error or errors?
12:33 gila: it just never down loaded I cannot see any of stps charts
12:36 LordAlfa: right click the chart -> Indicators -> Look for STB_Ktools
12:36 LordAlfa: STB_MAX
12:36 LordAlfa: STB_MIN
12:36 LordAlfa: STB_TickForce
12:37 LordAlfa: Add them all and you get the indicators
12:39 LordAlfa: You will see a lot of rectangles and numbers which palmer and I still don't get it.
12:39 LordAlfa: When the indicators are loaded. Press Alt-H for help.
12:40 feng456: wheres the site that I get this from?
12:40 LordAlfa: kool's tools forum at mypivots. indicators thread.
12:40 feng456: ok thanks
12:42 VO: l 1 @ 21
12:44 gila: it still does not do anything maybe u or someone can help me when they are not trading I do not want to distract you thx
12:46 VO: stopped
12:48 bruce9432: In this chat, is there anyway to recover your PMs?
12:49 LordAlfa: Is your background color white or black for the chart?
12:55 feng456: someone answer bruce please
12:56 bruce9432: I accidentally deleted it b4 reading it
12:56 bruce9432: ok
12:58 karen: locals in the pit are very long and seem to be protecting this 17 area
12:58 karen: they don't want to see it go below that
12:59 Haku: bruce, you can get your pms from echat
13:00 karen: also 778 area is a naked poc
13:01 Haku: If you're using Ensign Windows, go to the Ensign folder and look for "chatlog"
13:01 Haku: it stores the chats and PMs there
13:02 bruce9432: Gaps work on certain instruments like AAPL
13:03 bruce9432: Haku, I just have the Ensign Chat
13:04 bruce9432: It's no big deal, the person that sent the PM had left the room, thanks anyway
13:05 Haku: :o((
13:37 icepick: have at it kool - we're listening
13:37 karen: lol cute
13:38 myptofvu: ty I made that up awhile ago
13:53 Vast524: thanks Kool
13:57 VO: 1 @ 24
14:03 VO: flat
14:10 palmer: why
14:10 palmer: dont u think we go higher
14:12 karen: I was listening a few minutes ago...locals were getting long
14:13 karen: but if they can't get higher prints they'll start to exit
14:15 myptofvu: thanks Karen
14:15 palmer: PT 800 TODAY?
14:15 palmer: no way
14:15 karen: yw
14:20 gila: we did more than half gap fill
14:21 Vast524: Conspiracy. lol
14:21 karen: I love that 15 min chart
14:21 gila: trin bearish
14:26 karen: I like it for a longer term view
14:27 karen: I like the 3 bar reversals when they occur
14:27 karen: I use much shorter time frames, but like the 15 min for overview
14:27 gila: where do u save charts in ninja
14:27 karen: thks pwd
14:27 Vast524: Cya PWD. Thanks
14:28 Vast524: Right click on the chart and choose save as image
14:33 Vast524: You're such an optimist PT
14:34 myptofvu: lol VO
14:41 gila: thanks vast
14:48 VO: L 1 @ 22.50
14:49 VO: stop 21
14:50 VO: stop be
14:52 VO: flat
14:54 palmer: coem come on PT
14:54 palmer: 801
14:54 palmer: :)
14:58 Vast524: Keep looking for those sell signals PT. lol Some chart will help you. :)
15:02 Vast524: Are myou using Ninja PT for the POC VAH...
15:05 Vast524: What indicator gives you this please?
15:05 Vast524: OK
15:06 Vast524: OK. I was expecting from you a fandangled indicator
15:07 Vast524: Are the numbers in the ES contract pivot page?
15:08 Vast524: Oh
15:08 Vast524: OK. I was looking on the ES contract page
15:08 palmer: right
15:08 palmer: about32
15:08 palmer: yep
15:09 palmer: 801
15:09 palmer: weeeeeeeeeeeeeeee
15:09 palmer: 798
15:09 palmer: man
15:09 palmer: that would be some sell off
15:11 Vast524: Sniff Sniff Sniff. PT's stop is around here
15:12 Vast524: lol
15:20 palmer: come on 801
15:20 palmer: :)
15:21 gila: skf financial short etf trying to go neg
15:23 gila: vix 40.86 lod 40.17
15:27 VO: 1 @ 24
15:27 VO: stop be
15:28 palmer: u short VO
15:28 VO: long
15:28 palmer: thought u were stlill short
15:29 palmer: ok
15:30 VO: stop 22.75
15:31 John: Transports up 192.
15:31 John: Over 7%.
15:31 Vast524: speedy typer
15:33 VO: offering 28
15:40 VO: BUY THIS PIG!!!
15:42 myptofvu: PURCHASE THIS SWINE!!!
15:43 VO: COME ON!
15:48 Vast524: Sleep is over rated VO. :)
15:49 Vast524: Why sleep when you can trade the Globex with PT
15:49 palmer: 733.25
15:49 palmer: 15 deadly
15:49 Vast524: 33.25 for me
15:50 palmer: VO where is 801
15:50 palmer: :)
15:50 palmer: opps
15:50 palmer: that was pt
15:50 palmer: yep
15:50 palmer: sorry
15:50 palmer: today
15:50 palmer: !!!
15:50 palmer: 801 today
15:50 palmer: was pt call
15:51 palmer: :)
15:51 palmer: comeon VO sell a 10k lot
15:51 palmer: or 100k lot
15:51 palmer: send us down
15:51 palmer: lol
16:11 PashaLV: See you tomorrow friends ! Have a nice evening.
16:13 bruce9432: If you watch Bloomberg over the web..no commercial
16:14 bruce9432: about 4 seconds delay
16:14 bruce9432: Use Google Chrome for the best picture
16:21 Haku: I guess VO's pig got bought...
16:22 myptofvu: yeah but he went long and got a good trade off
16:24 Haku: :o)--see y'all t'morrow
16:24 PT: nite Haku
16:30 bruce9432: http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV
16:33 myptofvu: Thanks Bruce watching it now...BTW are you BruceM?
16:35 PT: sell this pig !
16:37 myptofvu: Liquidate this Porcine!
16:38 myptofvu: where u short PT?
17:04 palmer: oh PT went short
17:48 VO: cloing ticks +1364
17:49 VO: closing
17:53 palmer: man VO
17:54 palmer: those closing ticks dont seem to be working
17:54 PT: buy signal !
Fri. march 27th
18:25 palmer: anyone knows when we will get the final news about mark to market
23:10 gila: http://www.bloomberg.com/apps/news?pid=20601213&sid=aXBrD38btGl8&refer=home
07:54 palmer: morning guys
07:54 palmer: gang
07:54 karen: gm palmer
08:03 Margie: 15 min deadly hitting at 816, I believe
08:03 palmer: long 816
08:07 palmer: looking for 817.75 to exit
08:14 palmer: out +1.75
08:15 PT: VAL at 816 also Margie
08:16 palmer: morning pt
08:16 PT: gm palmer
08:16 PT: market feeling the after effects of those high ticks
08:17 palmer: anothe over 1000 tick closing
08:19 Margie: Thanks, PT...good morning all
08:19 PT: daily notes page : http://www.mypivots.com/dn/
08:24 Margie: news in 6 minutes, Personal Income
08:26 palmer: short 17.50
08:26 palmer: 2 point stop
08:27 palmer: silly move since we got # in 2 mins
08:30 palmer: out +1
08:31 palmer: houdini escape
08:36 bruce9432: News couldn't have been much
09:02 palmer: that 5 min histogram didn't kick in alot of buying
09:08 palmer: tripple bottom lol
09:08 palmer: I guess we will break it soon
09:12 palmer: broken
09:16 parson: "They" are expecting a lower open. (Bloomberg)
09:16 palmer: :)
09:17 parson: I'm short; ru, Palmer?
09:17 palmer: not now
09:19 parson: in new territory here; can't project a possible bottom
09:19 palmer: yep and the 1 min might set up a buy signal
09:19 parson: hm
09:31 VO: s 1 @ 15.50
09:33 PashaLV: Good morning friends!
09:34 VO: flat 16.50
09:41 myptofvu: GM Pasha
09:42 VO: l 1 @ 15.25
09:43 VO: looking 4 17
09:45 bruce9432: ty
09:46 einstein: gm
09:47 mrg22: dow and nas holding lva's at the moment
09:47 VO: flat 17
10:09 VO: l 1 @ 11.75
10:14 VO: offering 14.75
10:16 VO: top be
10:17 VO: moving offer to 15.25
10:17 palmer: dylan ratigan quits cnbc
10:18 Haku: really? wow
10:19 parson: Palmer, was he on "fast Money"?
10:19 palmer: yep
10:19 parson: wow!
10:19 Haku: whats he gonna do?
10:20 palmer: report said
10:20 palmer: he and vp had battles
10:21 parson: I tho't he was really good @ what he did.
10:21 Haku: yes, not gonna be the same without him
10:22 palmer: I even liked him when he was at bloomberg
10:22 palmer: maybe he wil go back
10:22 VO: flat 15.25
10:23 gila: prob goes to fox
10:23 bruce9432: You guys know that you can get real time Bloomberg on your puter? FWIW
10:23 gila: how
10:24 bruce9432: Bloomberg .com, Live TV
10:24 gila: thx
10:24 bruce9432: Obama is speaking, hold on
10:26 VO: s 1 @ 15.25
10:29 koolblue: sold 815.50
10:29 gila: bruce I cannot get the link to work
10:35 bruce9432: http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV
10:35 palmer: long 5.5
10:35 palmer: out 17.0
10:35 VO: flat 16.25
10:35 bruce9432: gila, try opening it in firefox or google chrome browser
10:39 gila: thyx
10:41 VO: s 1 @ 18.25
10:42 gila: is kathryn hayes on now with krausner thx
10:42 VO: hoping for 16ish
10:44 VO: flat 16.50
10:45 bruce9432: Prof Alan Meltzer
10:50 VO: l 1 @ 16.25
10:52 VO: flat 17.75
10:54 koolblue: selling 819.75
11:14 palmer: selling 22.25
11:14 VO: s 1 @ 20
11:19 VO: bidding 18.50
11:20 karen: just curious, does anyone use volume charts?
11:21 karen: k thks...any moving averages on it?
11:21 prestwickdrive: 50% gap = 22.0, 50% ib ext = 22.25
11:21 karen: k thks PT
11:22 karen: I'm going to start using one...check it out
11:22 karen: I have ninja charts
11:22 karen: but don't show fib bands
11:22 karen: don't appear to
11:23 karen: k thks PT...appreciate it!!
11:23 karen: yes see that one
11:24 karen: ok great
11:24 karen: don't trade that anymore
11:24 karen: used to
11:25 karen: right...good idea...I have the YM up, maybe I'll put NQ up for that
11:25 karen: oh that's for sure
11:26 gila: look up tf
11:26 einstein: try TF
11:28 VO: flat
11:30 karen: ok will watch for that
11:30 karen: thks!
11:37 LordAlfa: S 819.50
11:39 LordAlfa: stop 820
11:40 VO: s 18.50
11:40 LordAlfa: stop be +1
11:42 LordAlfa: stopped.
11:43 LordAlfa: IDIOTS! It went back down!!!
11:43 LordAlfa: Stoopid!
11:44 VO: my guess is it goes higher LA
11:44 LordAlfa: 15 min projection is it at 824?
11:45 VO: stopped 20
11:49 LordAlfa: Click Plus
11:49 LordAlfa: click the ... button
11:50 LordAlfa: After click the field
11:50 LordAlfa: VO Looks like bait again.
11:53 karen: lol, yep
11:54 VO: s 1 @ 19.75
11:54 LordAlfa: Selling 20.75
11:55 LordAlfa: No fill
11:55 LordAlfa: S 19.50
12:02 LordAlfa: c'mon break 18.
12:03 LordAlfa: PITA!
12:03 LordAlfa: stopped
12:03 LordAlfa: SOBs
12:03 LordAlfa: Misery
12:03 karen: locals long in the pit
12:07 VO: flat be
12:12 LordAlfa: Damned!!
12:12 LordAlfa: Revenge trading?
12:13 gila: 23.5 oivot
12:14 LordAlfa: Cancel order at 18.75
12:18 kittste: Sorry, what does IB stand for?
12:18 LordAlfa: S 18
12:18 einstein: excuse the stupid question what does ib stand for?
12:19 einstein: thanks
12:19 LordAlfa: Initial balance
12:19 LordAlfa: Google Market Profile Handbook from CME
12:22 LordAlfa: There is a Ninja Inducator "CalculateValueAreaHisto" Get it from the Ninja Forum.
12:23 bruce9432: Lord, got a chart showing what it looks like?
12:25 LordAlfa: bruce http://www.affordableindicators.com/
12:26 LordAlfa: Look for free indicators.
12:26 einstein: Kool would u buy 14ish if we get there?
12:26 LordAlfa: Continuous Value Area Histogram
12:27 einstein: thanks
12:39 LordAlfa: Flat. Chickened out. don't like the indecisiveness.
12:46 LordAlfa: Your avg and pt's avg
13:03 palmer: yep awake
13:03 karen: yep
13:03 icepick: watching the paint dry
13:03 LordAlfa: Zzzzzzz
13:03 Haku: gotta go volunteer at the church... bye, everyone... have a great weekend
13:03 LordAlfa: God Bless
13:11 LordAlfa: Got filled at YM 15 min down proj. 7720. ES 13.50 no fill.
13:11 VO: l 1 @ 13.50
13:13 icepick: l @ 13
13:18 VO: flat 15
13:18 icepick: out @ 15 +2
13:21 icepick: gotta go gang, another good week, another good month - I have doubled my apallingly small account in 2 months. thanks to you, kool, pt and vo - have a good weekend
13:22 LordAlfa: Good for you.
13:22 icepick: thanks guys -
13:22 LordAlfa: L14.25
13:23 LordAlfa: flat 15.25
13:30 VO: s 1 @ 15.25
13:32 LordAlfa: 18.50
13:34 gila: bankers on tv
13:35 VO: stopped 16.75
14:10 VO: s 1 @ 12
14:13 palmer: missed what you just said kool
14:14 karen: me too palmer...kool, you need to get a new mic, lol
14:15 karen: ok thks
14:18 VO: flat 12.50
14:18 karen: they're using a 1.5 point spread in the pit....makes for very whippy trading
14:20 karen: now a point spread...bidding 813 asking 814
14:20 karen: very thin trading right now
14:21 karen: it would be like a point spread on your dom
14:22 karen: oops I just got knocked off for a minute...did anyone ask a question...I'm going to reboot, one second
14:24 LordAlfa: off to sleep. tired. see you next week.
14:24 prestwickdrive: bye LA
14:28 karen: k back
14:39 VO: s @ 13
14:40 VO: stop 15.25
14:41 VO: flat
14:43 einstein: 1 min proj 16.5
14:43 einstein: unles 12.5 taken out
14:43 einstein: bye
14:49 VO: s @ 13
14:58 VO: flat 16
15:00 Margie: Have a nice weekiend, see you on Monday. Thanks again and again for all your help.
15:00 Margie: See you Vo, all is well
15:00 PashaLV: See you !
15:00 Vast524: See ya Margie
15:00 Margie: take care all!
15:01 einstein: should be peaking here according to cycles
15:02 einstein: quite the short sqeeze
15:07 Vast524: cya kool
15:07 karen: thks kool...have a good one
15:08 PashaLV: see you Kool!
15:23 prestwickdrive: 2 tpo periods
15:24 gila: we still have gaps
15:24 Vast524: Another thing to be confused about.lol
15:25 gila: vix near lod
15:31 karen: you too! ciao
15:31 prestwickdrive: bye
15:31 PashaLV: See you PT !
15:31 gila: bye
15:35 VO: 1 @ 12.50
15:38 VO: stop 15.25
15:45 VO: flat...had all I can take of the es for this week see you guys next week
15:45 PashaLV: See you VO !
15:45 Vast524: No worries VO. Thanks for your time
15:58 John: Hmmm, market started selling the minute BAC announced they are increasing investment bankers salaries by 70%.
16:04 PashaLV: See you guys! Have a great weekend!
18:25 palmer: anyone knows when we will get the final news about mark to market
23:10 gila: http://www.bloomberg.com/apps/news?pid=20601213&sid=aXBrD38btGl8&refer=home
07:54 palmer: morning guys
07:54 palmer: gang
07:54 karen: gm palmer
08:03 Margie: 15 min deadly hitting at 816, I believe
08:03 palmer: long 816
08:07 palmer: looking for 817.75 to exit
08:14 palmer: out +1.75
08:15 PT: VAL at 816 also Margie
08:16 palmer: morning pt
08:16 PT: gm palmer
08:16 PT: market feeling the after effects of those high ticks
08:17 palmer: anothe over 1000 tick closing
08:19 Margie: Thanks, PT...good morning all
08:19 PT: daily notes page : http://www.mypivots.com/dn/
08:24 Margie: news in 6 minutes, Personal Income
08:26 palmer: short 17.50
08:26 palmer: 2 point stop
08:27 palmer: silly move since we got # in 2 mins
08:30 palmer: out +1
08:31 palmer: houdini escape
08:36 bruce9432: News couldn't have been much
09:02 palmer: that 5 min histogram didn't kick in alot of buying
09:08 palmer: tripple bottom lol
09:08 palmer: I guess we will break it soon
09:12 palmer: broken
09:16 parson: "They" are expecting a lower open. (Bloomberg)
09:16 palmer: :)
09:17 parson: I'm short; ru, Palmer?
09:17 palmer: not now
09:19 parson: in new territory here; can't project a possible bottom
09:19 palmer: yep and the 1 min might set up a buy signal
09:19 parson: hm
09:31 VO: s 1 @ 15.50
09:33 PashaLV: Good morning friends!
09:34 VO: flat 16.50
09:41 myptofvu: GM Pasha
09:42 VO: l 1 @ 15.25
09:43 VO: looking 4 17
09:45 bruce9432: ty
09:46 einstein: gm
09:47 mrg22: dow and nas holding lva's at the moment
09:47 VO: flat 17
10:09 VO: l 1 @ 11.75
10:14 VO: offering 14.75
10:16 VO: top be
10:17 VO: moving offer to 15.25
10:17 palmer: dylan ratigan quits cnbc
10:18 Haku: really? wow
10:19 parson: Palmer, was he on "fast Money"?
10:19 palmer: yep
10:19 parson: wow!
10:19 Haku: whats he gonna do?
10:20 palmer: report said
10:20 palmer: he and vp had battles
10:21 parson: I tho't he was really good @ what he did.
10:21 Haku: yes, not gonna be the same without him
10:22 palmer: I even liked him when he was at bloomberg
10:22 palmer: maybe he wil go back
10:22 VO: flat 15.25
10:23 gila: prob goes to fox
10:23 bruce9432: You guys know that you can get real time Bloomberg on your puter? FWIW
10:23 gila: how
10:24 bruce9432: Bloomberg .com, Live TV
10:24 gila: thx
10:24 bruce9432: Obama is speaking, hold on
10:26 VO: s 1 @ 15.25
10:29 koolblue: sold 815.50
10:29 gila: bruce I cannot get the link to work
10:35 bruce9432: http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV
10:35 palmer: long 5.5
10:35 palmer: out 17.0
10:35 VO: flat 16.25
10:35 bruce9432: gila, try opening it in firefox or google chrome browser
10:39 gila: thyx
10:41 VO: s 1 @ 18.25
10:42 gila: is kathryn hayes on now with krausner thx
10:42 VO: hoping for 16ish
10:44 VO: flat 16.50
10:45 bruce9432: Prof Alan Meltzer
10:50 VO: l 1 @ 16.25
10:52 VO: flat 17.75
10:54 koolblue: selling 819.75
11:14 palmer: selling 22.25
11:14 VO: s 1 @ 20
11:19 VO: bidding 18.50
11:20 karen: just curious, does anyone use volume charts?
11:21 karen: k thks...any moving averages on it?
11:21 prestwickdrive: 50% gap = 22.0, 50% ib ext = 22.25
11:21 karen: k thks PT
11:22 karen: I'm going to start using one...check it out
11:22 karen: I have ninja charts
11:22 karen: but don't show fib bands
11:22 karen: don't appear to
11:23 karen: k thks PT...appreciate it!!
11:23 karen: yes see that one
11:24 karen: ok great
11:24 karen: don't trade that anymore
11:24 karen: used to
11:25 karen: right...good idea...I have the YM up, maybe I'll put NQ up for that
11:25 karen: oh that's for sure
11:26 gila: look up tf
11:26 einstein: try TF
11:28 VO: flat
11:30 karen: ok will watch for that
11:30 karen: thks!
11:37 LordAlfa: S 819.50
11:39 LordAlfa: stop 820
11:40 VO: s 18.50
11:40 LordAlfa: stop be +1
11:42 LordAlfa: stopped.
11:43 LordAlfa: IDIOTS! It went back down!!!
11:43 LordAlfa: Stoopid!
11:44 VO: my guess is it goes higher LA
11:44 LordAlfa: 15 min projection is it at 824?
11:45 VO: stopped 20
11:49 LordAlfa: Click Plus
11:49 LordAlfa: click the ... button
11:50 LordAlfa: After click the field
11:50 LordAlfa: VO Looks like bait again.
11:53 karen: lol, yep
11:54 VO: s 1 @ 19.75
11:54 LordAlfa: Selling 20.75
11:55 LordAlfa: No fill
11:55 LordAlfa: S 19.50
12:02 LordAlfa: c'mon break 18.
12:03 LordAlfa: PITA!
12:03 LordAlfa: stopped
12:03 LordAlfa: SOBs
12:03 LordAlfa: Misery
12:03 karen: locals long in the pit
12:07 VO: flat be
12:12 LordAlfa: Damned!!
12:12 LordAlfa: Revenge trading?
12:13 gila: 23.5 oivot
12:14 LordAlfa: Cancel order at 18.75
12:18 kittste: Sorry, what does IB stand for?
12:18 LordAlfa: S 18
12:18 einstein: excuse the stupid question what does ib stand for?
12:19 einstein: thanks
12:19 LordAlfa: Initial balance
12:19 LordAlfa: Google Market Profile Handbook from CME
12:22 LordAlfa: There is a Ninja Inducator "CalculateValueAreaHisto" Get it from the Ninja Forum.
12:23 bruce9432: Lord, got a chart showing what it looks like?
12:25 LordAlfa: bruce http://www.affordableindicators.com/
12:26 LordAlfa: Look for free indicators.
12:26 einstein: Kool would u buy 14ish if we get there?
12:26 LordAlfa: Continuous Value Area Histogram
12:27 einstein: thanks
12:39 LordAlfa: Flat. Chickened out. don't like the indecisiveness.
12:46 LordAlfa: Your avg and pt's avg
13:03 palmer: yep awake
13:03 karen: yep
13:03 icepick: watching the paint dry
13:03 LordAlfa: Zzzzzzz
13:03 Haku: gotta go volunteer at the church... bye, everyone... have a great weekend
13:03 LordAlfa: God Bless
13:11 LordAlfa: Got filled at YM 15 min down proj. 7720. ES 13.50 no fill.
13:11 VO: l 1 @ 13.50
13:13 icepick: l @ 13
13:18 VO: flat 15
13:18 icepick: out @ 15 +2
13:21 icepick: gotta go gang, another good week, another good month - I have doubled my apallingly small account in 2 months. thanks to you, kool, pt and vo - have a good weekend
13:22 LordAlfa: Good for you.
13:22 icepick: thanks guys -
13:22 LordAlfa: L14.25
13:23 LordAlfa: flat 15.25
13:30 VO: s 1 @ 15.25
13:32 LordAlfa: 18.50
13:34 gila: bankers on tv
13:35 VO: stopped 16.75
14:10 VO: s 1 @ 12
14:13 palmer: missed what you just said kool
14:14 karen: me too palmer...kool, you need to get a new mic, lol
14:15 karen: ok thks
14:18 VO: flat 12.50
14:18 karen: they're using a 1.5 point spread in the pit....makes for very whippy trading
14:20 karen: now a point spread...bidding 813 asking 814
14:20 karen: very thin trading right now
14:21 karen: it would be like a point spread on your dom
14:22 karen: oops I just got knocked off for a minute...did anyone ask a question...I'm going to reboot, one second
14:24 LordAlfa: off to sleep. tired. see you next week.
14:24 prestwickdrive: bye LA
14:28 karen: k back
14:39 VO: s @ 13
14:40 VO: stop 15.25
14:41 VO: flat
14:43 einstein: 1 min proj 16.5
14:43 einstein: unles 12.5 taken out
14:43 einstein: bye
14:49 VO: s @ 13
14:58 VO: flat 16
15:00 Margie: Have a nice weekiend, see you on Monday. Thanks again and again for all your help.
15:00 Margie: See you Vo, all is well
15:00 PashaLV: See you !
15:00 Vast524: See ya Margie
15:00 Margie: take care all!
15:01 einstein: should be peaking here according to cycles
15:02 einstein: quite the short sqeeze
15:07 Vast524: cya kool
15:07 karen: thks kool...have a good one
15:08 PashaLV: see you Kool!
15:23 prestwickdrive: 2 tpo periods
15:24 gila: we still have gaps
15:24 Vast524: Another thing to be confused about.lol
15:25 gila: vix near lod
15:31 karen: you too! ciao
15:31 prestwickdrive: bye
15:31 PashaLV: See you PT !
15:31 gila: bye
15:35 VO: 1 @ 12.50
15:38 VO: stop 15.25
15:45 VO: flat...had all I can take of the es for this week see you guys next week
15:45 PashaLV: See you VO !
15:45 Vast524: No worries VO. Thanks for your time
15:58 John: Hmmm, market started selling the minute BAC announced they are increasing investment bankers salaries by 70%.
16:04 PashaLV: See you guys! Have a great weekend!
Monday, March 30th
08:23 PashaLV: Good Morning friends !
08:24 parson: gm
08:24 palmer: gm
09:14 koolblue: long one from 794.00
09:33 koolblue: stopped for a 1 point loss
09:41 gila1: vix 4510:09 VO: l @ 88.75
10:12 LordAlfa: GM
10:12 PashaLV: Morning LA
10:12 VO: stop 87
10:13 parson: hello
10:13 LordAlfa: Let's see what we have here
10:13 parson: whippy....beating me up
10:15 einstein: mini low 1020ish?
10:19 LordAlfa: L 88.25
10:19 koolblue: buying here
10:20 LordAlfa: 2 bar projection 87.50
10:22 einstein: mini hi here but dont expect much bounce looking for 784
10:23 einstein: I have 85.25 15 min projection
10:24 koolblue: buying 785.50
10:24 LordAlfa: flat
10:25 LordAlfa: -.5.
10:25 LordAlfa: No fill on BE +1
10:25 einstein: 1 min proje 89.75
10:31 koolblue: long from 785.50(2es)
10:31 einstein: there's 784ish
10:38 koolblue: stopped out at 783.25...loss of 2.25 on each... down 4.50
10:39 myptofvu: whats the reason for this sell off...news?
10:40 gila1: gm rickm wagoner out more bailout money for banks protectionist policy us
10:40 gila1: obama speaking soon
10:41 gila1: gold reversed downtrend lo 908,5 hi 932.5 now 929.2
10:44 palmer: somee divergence down here
10:45 bruce9432: Investors should sell U.S. stocks following the steepest rally since the 1930s because earnings are likely to keep weakening, according to Morgan Stanley.
10:48 LordAlfa: Internet was down for 5 mins. Fixing it.
10:52 palmer: yep that average up ther eat 787
10:53 koolblue: selling 787.00, buying 779.75
11:00 LordAlfa: crapped. Ninja reset and crashed.
11:04 feng456: wow I just got on
11:04 feng456: u guys hear about GM and chrysler?
11:06 parson: Yep....that's the way socialism works.
11:06 gila1: obama on tv now
11:07 feng456: dont u think they deserve to fail though?
11:08 karen: not if you live in Michigan
11:08 bruce9432: Obama giving GM eulogy
11:09 bruce9432: GM=Government Motors
11:09 gila1: good play on words bruce
11:09 feng456: yea but those guys who are gnona get screwed got greedy
11:09 feng456: with their benefits and pay
11:10 bruce9432: Not me, Drudge Report
11:14 gila1: k
11:14 bruce9432: GM should go chapter 11, trash the union contracts, new suppliers, drop Pontiac and Obama should purchase every taxpayer a Silverado truck
11:21 koolblue: short from 787.00
11:23 koolblue: out one at 785.50...plus 1.5.. now down 3.5 on the day
11:24 LordAlfa: Bruce. They should buy every taxpayer a Lexus/Toyota. Those run forever and sips fuel.
11:25 bruce9432: Obama just announced tax credits and huge fleet buy for Government employees aka government puke
11:27 LordAlfa: no fill for buying 85 ema 54
11:29 bruce9432: FWIW http://screencast.com/t/pkixTdTYrei
11:30 koolblue: out the other at 782.25
11:30 einstein: nice trade Kool
11:30 koolblue: plus 4.75 there... up 1.25 on the day
11:33 koolblue: buying 779.75...one only
11:35 einstein: Kool what projection did u use to get the high at 787 for your short?
11:36 LordAlfa: 15 min
11:36 einstein: ty
11:37 einstein: didnt know you could use a red candle to give a bullish projection
11:38 einstein: seems counterintuitive
11:42 LordAlfa: S 83
11:43 einstein: yes I see that thanks
11:44 feng456: heck I got an exit at 84.00
11:44 einstein: gotcha
11:45 LordAlfa: Feng ema 54 is your barrier
11:45 feng456: I see it now
11:45 feng456: I got the 50 ma there
11:45 feng456: I just dont wnana get 1 ticked
11:49 feng456: fill me...
11:52 koolblue: long one at 783.00
11:52 koolblue: 2 point stop
11:53 LordAlfa: flat BE +1
11:53 feng456: target kb?
11:54 feng456: ah isee
11:54 feng456: also the previous retrace high
11:55 kittste: Excuse me, what is "PT's average", sorry if this has been asked lots of times before.
11:55 LordAlfa: 100 ema
11:55 kittste: OK, thanks
11:56 LordAlfa: sorry . 100 ma
11:56 kittste: Thanks
11:56 LordAlfa: I thought it was 100 ema
11:56 LordAlfa: He mentioned the last time
11:57 feng456: I moved my exit down 1 tick
11:58 LordAlfa: up ward proj 84.75
11:59 feng456: yesw
11:59 LordAlfa: pt's avg 84.50
11:59 feng456: im out
11:59 feng456: 2.5
11:59 feng456: -1 on the day
12:06 feng456: sure is narrowing down
12:06 koolblue: out at 783.50...plus 2 ticks ..up 1.5 on the day
12:21 koolblue: 5 min proj is 786.25, 15 min deadly is 789.50 unless 780.25 is touched again
12:22 koolblue: buying my boll avg st 784.00
12:25 gila1: http://www.cnbc.com/id/29957041 re gm wagonner
12:28 TraderX: IB has NYSE adv issues 289 dec 2707
12:32 TraderX: np
12:34 TraderX: ok, what is the sell signal again? if dec issues are over 1500?
12:36 LordAlfa: L 84.50
12:37 LordAlfa: stop 84
12:38 VO: l @ 85.50
12:38 VO: stop 84
12:41 TraderX: oook, makes better sense
12:42 koolblue: long one at 785.00
12:42 koolblue: 2 point stop
12:43 LordAlfa: VO don't like this. 1 min down proj is 83.25
12:52 LordAlfa: stopped
12:53 LordAlfa: +.75
12:58 koolblue: stopped out at 783.00...loss of 2
13:00 palmer: narrow range
13:00 palmer: today
13:07 koolblue: buying 781.25
13:11 palmer: waiting for 776.75 to buy here
13:11 feng456: this is so slow
13:13 palmer: no fill Kool
13:13 palmer: dang
13:13 palmer: hate that
13:13 LordAlfa: Same here. Sitting there like forever
13:13 palmer: this is too slow for me to trade
13:13 LordAlfa: Selling 83.75
13:14 LordAlfa: Same 81.25
13:14 palmer: think I wan to sell 84.75
13:15 LordAlfa: selling 54 ema
13:15 LordAlfa: palmer. where do you get 84.75?
13:16 LordAlfa: 7 waves down for 15 min?
13:16 palmer: just for the 1 min
13:16 palmer: bands
13:17 palmer: just from the 1 min bands
13:18 palmer: just a tight range today
13:18 palmer: feels like chop onions
13:18 LordAlfa: abc off the top 261.8% at 80.25
13:19 LordAlfa: 5 min down 80.50
13:20 palmer: seem like new lows coming
13:20 LordAlfa: Should have shorted at globex. saw the signs. Need get groceries.
13:20 LordAlfa: 666 we will meet again
13:22 feng456: hey LA
13:22 feng456: hows it going
13:25 palmer: long 82.50
13:26 palmer: out 84.0
13:27 palmer: rrrg too early
13:27 feng456: oh wow
13:27 feng456: I got out
13:27 feng456: 1.5 on that one
13:27 feng456: up.5 now
13:34 koolblue: buying 782.50
13:35 koolblue: l @ 782.50
13:47 feng456: yea I got stopped -1.5
13:47 koolblue: stopped at 780.00..loss of 2.5...down 3 on the day
13:48 koolblue: long 2 @ 779.00
13:49 palmer: isn't the deadlt 776
14:00 LordAlfa: Sorry. Feng. Computer overheated. Shutdown.
14:01 feng456: lol
14:01 feng456: laptop?
14:01 LordAlfa: Nope. Dual Xeon. Dual X2 cards. Total 2 CPUs, 4 GPUs
14:02 LordAlfa: Thank god my order wasn't filled
14:02 LordAlfa: And 3x 24" screens
14:04 LordAlfa: 777Support at 777
14:04 feng456: lol
14:04 feng456: i'd love to have a comp like that for gaming
14:05 LordAlfa: 1 moment. I have to redo my Ninja settings
14:10 LordAlfa: Feng. Trading is the game
14:12 palmer: shorting 82.75 if we get there
14:13 feng456: this game is too expensive for me
14:13 feng456: plus I suck
14:14 feng456: now down 3 pts
14:22 palmer: out 81.25
14:22 palmer: +1.5
14:24 palmer: long 82.25
14:25 LordAlfa: L 82.25
14:25 palmer: only 1.5 astop
14:26 LordAlfa: stop 80.25
14:26 palmer: out
14:26 palmer: -1.5
14:27 LordAlfa: palmer. both of us took tasty bait
14:28 palmer: :)
14:28 palmer: but I am only a small fish :)
14:28 LordAlfa: 15 min 78.25
14:29 LordAlfa: 1 min 78.25 also
14:33 LordAlfa: buying 78.25
14:34 LordAlfa: 3 ticks. canceled
14:36 palmer: boring day indeed
14:37 LordAlfa: taking bait again
14:37 LordAlfa: L 80.25
14:38 LordAlfa: stop 78.50
14:40 LordAlfa: stopped
14:40 icepick: L 77.50
14:44 VO: l @ 76.75
14:45 LordAlfa: L 76.50
14:45 LordAlfa: stop 76
14:46 icepick: ?
14:46 feng456: yay
14:46 feng456: im out
14:46 feng456: 5 pts
14:46 feng456: now up 2
14:48 VO: 1 @ 78.25
14:48 LordAlfa: no fill for exit again?
14:48 VO: stop be
14:48 LordAlfa: 78..50
14:49 LordAlfa: crap. stop BE+1
14:50 LordAlfa: flat
14:51 LordAlfa: +2 nett -4.25
14:52 icepick: flat b/e
14:54 VO: flat 78.75
14:59 VO: buying 74
15:00 prestwickdrive: singles 73.75-75.25, 771 sq 9
15:01 prestwickdrive: 73.75 = -150% ib
15:02 LordAlfa: While waiting for 73.75 some tech tips.
15:03 LordAlfa: Get multi button mouse with programmable buttons. Program the thumb buttons to F8 and F9 for Ninja Retrace and Fib Ext tools.
15:03 LordAlfa: With this you don't need to keep trying to hit F8 or F9
15:05 feng456: lol
15:05 LordAlfa: You can also program the scroll wheel. Those with left right panning. Program click left for F8 and click right for F9
15:05 feng456: thats pretty lazy
15:05 LordAlfa: That is maximizing
15:05 LordAlfa: Logitech has some great mice.
15:06 feng456: yea I like logitech
15:06 feng456: they got good customer service
15:06 LordAlfa: Becoz I trade in the night here. I have the G15 keyboard. Backlit.
15:07 LordAlfa: Trading is a different kind of fragging.
15:07 Haku: saitek here
15:07 Haku: eclipse II illuminated
15:07 LordAlfa: Saitek. The Blue (v1) or Blue Red (v2)
15:08 bruce9432: Logitech has lousy headphones, one roll of the chair on the wire and that's it
15:08 Haku: blue/red/purple
15:08 LordAlfa: Haku, thats v2
15:08 Haku: just says eclipse ii
15:08 LordAlfa: My headphones are Sennheiser
15:09 LordAlfa: I'll like a mechanical keyboard. Deck Legend fire but its US$149 excl shipping. They weight 3 kg
15:10 bruce9432: I got the wireless ones from Skype and they work like a champ, on the phone it's like the other person is in the room
15:10 palmer: 79.50 short
15:10 LordAlfa: Haku. Deck Legend Fire. http://www.deckkeyboards.com/catalog/product_deck_fire_legend.php?products_id=53
15:10 feng456: my hardware is tailored towards gaming
15:12 VO: s @ 81
15:12 LordAlfa: no fill for 81.25
15:12 LordAlfa: bad today
15:15 Haku: oh, cool
15:15 feng456: s 81 1.5 stop
15:15 Haku: keyboard, I mean... not your trades
15:16 LordAlfa: I know
15:16 Haku: did everyone get the notice about the April Fool virus thingy?
15:17 LordAlfa: Maybe that is why I have no fills
15:17 akola: lol
15:18 VO: flat
15:21 feng456: im still in :9
15:21 feng456: :(
15:23 VO: l @ 80.75
15:23 LordAlfa: L 780.25
15:23 feng456: stopped
15:24 LordAlfa: stop 79.25
15:27 LordAlfa: Hope PT's avg and KB's avg stops the decline.
15:27 feng456: went short again
15:27 feng456: bad bad fill
15:27 LordAlfa: 1 min down proj 79.25
15:29 LordAlfa: technically still a higher low
15:30 feng456: 1 ticked me
15:31 prestwickdrive: dpoc 83.0 / 83.25 area
15:37 LordAlfa: this climb is painful.
15:38 feng456: yea I goto ut
15:38 feng456: only lost half a point
15:38 bruce9432: Lord, where are you at i.e. location
15:38 LordAlfa: Singapore
15:38 LordAlfa: 3.45 am here
15:39 bruce9432: I am in Dana Point CA (12 miles south of Newport Beach)
15:39 feng456: long
15:39 feng456: 81
15:39 feng456: 2 pt stop
15:39 LordAlfa: Nice place
15:39 LordAlfa: weak market
15:40 LordAlfa: stopped.
15:40 LordAlfa: can't even hit 100% extension at 85.25
15:40 feng456: stopped
15:40 feng456: re entered 1.5 stop
15:41 feng456: 79.5 fill
15:41 LordAlfa: It would have been a great trade with good risk/reward ratio. Lost 1 pt. Nett -5.25.
15:41 LordAlfa: Call it quits here.
15:44 LordAlfa: lousy day. Good night. Have a good evening.
15:45 stb: cu
15:46 feng456: still in this horrible long
15:50 feng456: no so horrible now...
15:52 feng456: out for 4 points
16:08 kittste: yes
16:09 prestwickdrive: good job
16:10 kittste: Wow. What worked well for you today?
16:11 gila1: thats great
16:11 John: mypoint: 51 points on how many contracts?
16:12 John: Just trying to get an appx on points per contract for the day.
16:13 John: I was wondering, if you just traded 1 contract how much would you have been up.
16:13 John: Like Kool usually says how many handles for the day, and that's on 1-2 contracts.
16:14 John: Trying to get a feel for an average good day per contract for people in here.
16:15 John: That was my next question.
16:15 John: Thanks.
16:15 John: Just post it here and I'll keep watch.
16:15 John: Yes, 1:15.
16:17 Vast524: nope
16:31 myptofvu: John, I went through my order window but like I said its hard to read but it looks like I took 12 trades..so if I had to guess what that was using just 1 contract I would say maybe +6.00 points
16:34 John: Thanks, point, I appreciate the info.
16:34 myptofvu: yw
16:40 myptofvu: Ive seen these kinda days before where they just kinda whip about and take everyones stops out before moving in the direction
18:07 karen: kool...are you there?
18:07 karen: I'm trying to download the fib bands program off the website, under kools tools...not sure how to unzip it
18:09 karen: oops...I got it, disregard, thks
08:23 PashaLV: Good Morning friends !
08:24 parson: gm
08:24 palmer: gm
09:14 koolblue: long one from 794.00
09:33 koolblue: stopped for a 1 point loss
09:41 gila1: vix 4510:09 VO: l @ 88.75
10:12 LordAlfa: GM
10:12 PashaLV: Morning LA
10:12 VO: stop 87
10:13 parson: hello
10:13 LordAlfa: Let's see what we have here
10:13 parson: whippy....beating me up
10:15 einstein: mini low 1020ish?
10:19 LordAlfa: L 88.25
10:19 koolblue: buying here
10:20 LordAlfa: 2 bar projection 87.50
10:22 einstein: mini hi here but dont expect much bounce looking for 784
10:23 einstein: I have 85.25 15 min projection
10:24 koolblue: buying 785.50
10:24 LordAlfa: flat
10:25 LordAlfa: -.5.
10:25 LordAlfa: No fill on BE +1
10:25 einstein: 1 min proje 89.75
10:31 koolblue: long from 785.50(2es)
10:31 einstein: there's 784ish
10:38 koolblue: stopped out at 783.25...loss of 2.25 on each... down 4.50
10:39 myptofvu: whats the reason for this sell off...news?
10:40 gila1: gm rickm wagoner out more bailout money for banks protectionist policy us
10:40 gila1: obama speaking soon
10:41 gila1: gold reversed downtrend lo 908,5 hi 932.5 now 929.2
10:44 palmer: somee divergence down here
10:45 bruce9432: Investors should sell U.S. stocks following the steepest rally since the 1930s because earnings are likely to keep weakening, according to Morgan Stanley.
10:48 LordAlfa: Internet was down for 5 mins. Fixing it.
10:52 palmer: yep that average up ther eat 787
10:53 koolblue: selling 787.00, buying 779.75
11:00 LordAlfa: crapped. Ninja reset and crashed.
11:04 feng456: wow I just got on
11:04 feng456: u guys hear about GM and chrysler?
11:06 parson: Yep....that's the way socialism works.
11:06 gila1: obama on tv now
11:07 feng456: dont u think they deserve to fail though?
11:08 karen: not if you live in Michigan
11:08 bruce9432: Obama giving GM eulogy
11:09 bruce9432: GM=Government Motors
11:09 gila1: good play on words bruce
11:09 feng456: yea but those guys who are gnona get screwed got greedy
11:09 feng456: with their benefits and pay
11:10 bruce9432: Not me, Drudge Report
11:14 gila1: k
11:14 bruce9432: GM should go chapter 11, trash the union contracts, new suppliers, drop Pontiac and Obama should purchase every taxpayer a Silverado truck
11:21 koolblue: short from 787.00
11:23 koolblue: out one at 785.50...plus 1.5.. now down 3.5 on the day
11:24 LordAlfa: Bruce. They should buy every taxpayer a Lexus/Toyota. Those run forever and sips fuel.
11:25 bruce9432: Obama just announced tax credits and huge fleet buy for Government employees aka government puke
11:27 LordAlfa: no fill for buying 85 ema 54
11:29 bruce9432: FWIW http://screencast.com/t/pkixTdTYrei
11:30 koolblue: out the other at 782.25
11:30 einstein: nice trade Kool
11:30 koolblue: plus 4.75 there... up 1.25 on the day
11:33 koolblue: buying 779.75...one only
11:35 einstein: Kool what projection did u use to get the high at 787 for your short?
11:36 LordAlfa: 15 min
11:36 einstein: ty
11:37 einstein: didnt know you could use a red candle to give a bullish projection
11:38 einstein: seems counterintuitive
11:42 LordAlfa: S 83
11:43 einstein: yes I see that thanks
11:44 feng456: heck I got an exit at 84.00
11:44 einstein: gotcha
11:45 LordAlfa: Feng ema 54 is your barrier
11:45 feng456: I see it now
11:45 feng456: I got the 50 ma there
11:45 feng456: I just dont wnana get 1 ticked
11:49 feng456: fill me...
11:52 koolblue: long one at 783.00
11:52 koolblue: 2 point stop
11:53 LordAlfa: flat BE +1
11:53 feng456: target kb?
11:54 feng456: ah isee
11:54 feng456: also the previous retrace high
11:55 kittste: Excuse me, what is "PT's average", sorry if this has been asked lots of times before.
11:55 LordAlfa: 100 ema
11:55 kittste: OK, thanks
11:56 LordAlfa: sorry . 100 ma
11:56 kittste: Thanks
11:56 LordAlfa: I thought it was 100 ema
11:56 LordAlfa: He mentioned the last time
11:57 feng456: I moved my exit down 1 tick
11:58 LordAlfa: up ward proj 84.75
11:59 feng456: yesw
11:59 LordAlfa: pt's avg 84.50
11:59 feng456: im out
11:59 feng456: 2.5
11:59 feng456: -1 on the day
12:06 feng456: sure is narrowing down
12:06 koolblue: out at 783.50...plus 2 ticks ..up 1.5 on the day
12:21 koolblue: 5 min proj is 786.25, 15 min deadly is 789.50 unless 780.25 is touched again
12:22 koolblue: buying my boll avg st 784.00
12:25 gila1: http://www.cnbc.com/id/29957041 re gm wagonner
12:28 TraderX: IB has NYSE adv issues 289 dec 2707
12:32 TraderX: np
12:34 TraderX: ok, what is the sell signal again? if dec issues are over 1500?
12:36 LordAlfa: L 84.50
12:37 LordAlfa: stop 84
12:38 VO: l @ 85.50
12:38 VO: stop 84
12:41 TraderX: oook, makes better sense
12:42 koolblue: long one at 785.00
12:42 koolblue: 2 point stop
12:43 LordAlfa: VO don't like this. 1 min down proj is 83.25
12:52 LordAlfa: stopped
12:53 LordAlfa: +.75
12:58 koolblue: stopped out at 783.00...loss of 2
13:00 palmer: narrow range
13:00 palmer: today
13:07 koolblue: buying 781.25
13:11 palmer: waiting for 776.75 to buy here
13:11 feng456: this is so slow
13:13 palmer: no fill Kool
13:13 palmer: dang
13:13 palmer: hate that
13:13 LordAlfa: Same here. Sitting there like forever
13:13 palmer: this is too slow for me to trade
13:13 LordAlfa: Selling 83.75
13:14 LordAlfa: Same 81.25
13:14 palmer: think I wan to sell 84.75
13:15 LordAlfa: selling 54 ema
13:15 LordAlfa: palmer. where do you get 84.75?
13:16 LordAlfa: 7 waves down for 15 min?
13:16 palmer: just for the 1 min
13:16 palmer: bands
13:17 palmer: just from the 1 min bands
13:18 palmer: just a tight range today
13:18 palmer: feels like chop onions
13:18 LordAlfa: abc off the top 261.8% at 80.25
13:19 LordAlfa: 5 min down 80.50
13:20 palmer: seem like new lows coming
13:20 LordAlfa: Should have shorted at globex. saw the signs. Need get groceries.
13:20 LordAlfa: 666 we will meet again
13:22 feng456: hey LA
13:22 feng456: hows it going
13:25 palmer: long 82.50
13:26 palmer: out 84.0
13:27 palmer: rrrg too early
13:27 feng456: oh wow
13:27 feng456: I got out
13:27 feng456: 1.5 on that one
13:27 feng456: up.5 now
13:34 koolblue: buying 782.50
13:35 koolblue: l @ 782.50
13:47 feng456: yea I got stopped -1.5
13:47 koolblue: stopped at 780.00..loss of 2.5...down 3 on the day
13:48 koolblue: long 2 @ 779.00
13:49 palmer: isn't the deadlt 776
14:00 LordAlfa: Sorry. Feng. Computer overheated. Shutdown.
14:01 feng456: lol
14:01 feng456: laptop?
14:01 LordAlfa: Nope. Dual Xeon. Dual X2 cards. Total 2 CPUs, 4 GPUs
14:02 LordAlfa: Thank god my order wasn't filled
14:02 LordAlfa: And 3x 24" screens
14:04 LordAlfa: 777Support at 777
14:04 feng456: lol
14:04 feng456: i'd love to have a comp like that for gaming
14:05 LordAlfa: 1 moment. I have to redo my Ninja settings
14:10 LordAlfa: Feng. Trading is the game
14:12 palmer: shorting 82.75 if we get there
14:13 feng456: this game is too expensive for me
14:13 feng456: plus I suck
14:14 feng456: now down 3 pts
14:22 palmer: out 81.25
14:22 palmer: +1.5
14:24 palmer: long 82.25
14:25 LordAlfa: L 82.25
14:25 palmer: only 1.5 astop
14:26 LordAlfa: stop 80.25
14:26 palmer: out
14:26 palmer: -1.5
14:27 LordAlfa: palmer. both of us took tasty bait
14:28 palmer: :)
14:28 palmer: but I am only a small fish :)
14:28 LordAlfa: 15 min 78.25
14:29 LordAlfa: 1 min 78.25 also
14:33 LordAlfa: buying 78.25
14:34 LordAlfa: 3 ticks. canceled
14:36 palmer: boring day indeed
14:37 LordAlfa: taking bait again
14:37 LordAlfa: L 80.25
14:38 LordAlfa: stop 78.50
14:40 LordAlfa: stopped
14:40 icepick: L 77.50
14:44 VO: l @ 76.75
14:45 LordAlfa: L 76.50
14:45 LordAlfa: stop 76
14:46 icepick: ?
14:46 feng456: yay
14:46 feng456: im out
14:46 feng456: 5 pts
14:46 feng456: now up 2
14:48 VO: 1 @ 78.25
14:48 LordAlfa: no fill for exit again?
14:48 VO: stop be
14:48 LordAlfa: 78..50
14:49 LordAlfa: crap. stop BE+1
14:50 LordAlfa: flat
14:51 LordAlfa: +2 nett -4.25
14:52 icepick: flat b/e
14:54 VO: flat 78.75
14:59 VO: buying 74
15:00 prestwickdrive: singles 73.75-75.25, 771 sq 9
15:01 prestwickdrive: 73.75 = -150% ib
15:02 LordAlfa: While waiting for 73.75 some tech tips.
15:03 LordAlfa: Get multi button mouse with programmable buttons. Program the thumb buttons to F8 and F9 for Ninja Retrace and Fib Ext tools.
15:03 LordAlfa: With this you don't need to keep trying to hit F8 or F9
15:05 feng456: lol
15:05 LordAlfa: You can also program the scroll wheel. Those with left right panning. Program click left for F8 and click right for F9
15:05 feng456: thats pretty lazy
15:05 LordAlfa: That is maximizing
15:05 LordAlfa: Logitech has some great mice.
15:06 feng456: yea I like logitech
15:06 feng456: they got good customer service
15:06 LordAlfa: Becoz I trade in the night here. I have the G15 keyboard. Backlit.
15:07 LordAlfa: Trading is a different kind of fragging.
15:07 Haku: saitek here
15:07 Haku: eclipse II illuminated
15:07 LordAlfa: Saitek. The Blue (v1) or Blue Red (v2)
15:08 bruce9432: Logitech has lousy headphones, one roll of the chair on the wire and that's it
15:08 Haku: blue/red/purple
15:08 LordAlfa: Haku, thats v2
15:08 Haku: just says eclipse ii
15:08 LordAlfa: My headphones are Sennheiser
15:09 LordAlfa: I'll like a mechanical keyboard. Deck Legend fire but its US$149 excl shipping. They weight 3 kg
15:10 bruce9432: I got the wireless ones from Skype and they work like a champ, on the phone it's like the other person is in the room
15:10 palmer: 79.50 short
15:10 LordAlfa: Haku. Deck Legend Fire. http://www.deckkeyboards.com/catalog/product_deck_fire_legend.php?products_id=53
15:10 feng456: my hardware is tailored towards gaming
15:12 VO: s @ 81
15:12 LordAlfa: no fill for 81.25
15:12 LordAlfa: bad today
15:15 Haku: oh, cool
15:15 feng456: s 81 1.5 stop
15:15 Haku: keyboard, I mean... not your trades
15:16 LordAlfa: I know
15:16 Haku: did everyone get the notice about the April Fool virus thingy?
15:17 LordAlfa: Maybe that is why I have no fills
15:17 akola: lol
15:18 VO: flat
15:21 feng456: im still in :9
15:21 feng456: :(
15:23 VO: l @ 80.75
15:23 LordAlfa: L 780.25
15:23 feng456: stopped
15:24 LordAlfa: stop 79.25
15:27 LordAlfa: Hope PT's avg and KB's avg stops the decline.
15:27 feng456: went short again
15:27 feng456: bad bad fill
15:27 LordAlfa: 1 min down proj 79.25
15:29 LordAlfa: technically still a higher low
15:30 feng456: 1 ticked me
15:31 prestwickdrive: dpoc 83.0 / 83.25 area
15:37 LordAlfa: this climb is painful.
15:38 feng456: yea I goto ut
15:38 feng456: only lost half a point
15:38 bruce9432: Lord, where are you at i.e. location
15:38 LordAlfa: Singapore
15:38 LordAlfa: 3.45 am here
15:39 bruce9432: I am in Dana Point CA (12 miles south of Newport Beach)
15:39 feng456: long
15:39 feng456: 81
15:39 feng456: 2 pt stop
15:39 LordAlfa: Nice place
15:39 LordAlfa: weak market
15:40 LordAlfa: stopped.
15:40 LordAlfa: can't even hit 100% extension at 85.25
15:40 feng456: stopped
15:40 feng456: re entered 1.5 stop
15:41 feng456: 79.5 fill
15:41 LordAlfa: It would have been a great trade with good risk/reward ratio. Lost 1 pt. Nett -5.25.
15:41 LordAlfa: Call it quits here.
15:44 LordAlfa: lousy day. Good night. Have a good evening.
15:45 stb: cu
15:46 feng456: still in this horrible long
15:50 feng456: no so horrible now...
15:52 feng456: out for 4 points
16:08 kittste: yes
16:09 prestwickdrive: good job
16:10 kittste: Wow. What worked well for you today?
16:11 gila1: thats great
16:11 John: mypoint: 51 points on how many contracts?
16:12 John: Just trying to get an appx on points per contract for the day.
16:13 John: I was wondering, if you just traded 1 contract how much would you have been up.
16:13 John: Like Kool usually says how many handles for the day, and that's on 1-2 contracts.
16:14 John: Trying to get a feel for an average good day per contract for people in here.
16:15 John: That was my next question.
16:15 John: Thanks.
16:15 John: Just post it here and I'll keep watch.
16:15 John: Yes, 1:15.
16:17 Vast524: nope
16:31 myptofvu: John, I went through my order window but like I said its hard to read but it looks like I took 12 trades..so if I had to guess what that was using just 1 contract I would say maybe +6.00 points
16:34 John: Thanks, point, I appreciate the info.
16:34 myptofvu: yw
16:40 myptofvu: Ive seen these kinda days before where they just kinda whip about and take everyones stops out before moving in the direction
18:07 karen: kool...are you there?
18:07 karen: I'm trying to download the fib bands program off the website, under kools tools...not sure how to unzip it
18:09 karen: oops...I got it, disregard, thks
tues. March 31st
08:08 akola: do u guyz see rising wedge on 5 min chart?
08:32 PT: sounds about right akola, its a channel between the two fib bands
08:36 Margie: Good Morning
08:37 Margie: Anyone with Ninja problems this morniing?
08:41 Margie: Nation wide problem I am told with Ninja.
08:41 Margie: They say it is just the initial connectivity
08:41 Margie: If you can get on stay on
08:41 Margie: the server in NY is down
08:41 palmer: my ninja is ok
08:41 palmer: what is the problem
08:41 Margie: was wondering if anyone knew a trick to signing on?
08:42 Margie: I turn my computer off at night
08:42 Margie: I guess I shoulda stayed on last night :)
08:43 Margie: Well whatever you do dont sign off
08:44 Margie: Whats that PT
08:44 Margie: the virus, PT
08:45 palmer: yyep search yahoo
08:45 palmer: they had a feature on it
08:45 palmer: the virus
08:46 PT: http://www.eweek.com/c/a/Security/DHS-Releases-Conficker-Worm-Detection-Tool-540662/
08:49 PT: http://www.channelinsider.com/c/a/Security/Conficker-Dont-Be-Made-a-Fool-April-1-733488/
08:52 LordAlfa: gm
08:55 PT: gm Alfa
09:02 LordAlfa: Conficker. Too much publicity on it.
09:07 PashaLV: Morning friends!
09:08 LordAlfa: gm pasha
09:09 LordAlfa: S 92.25
09:12 LordAlfa: stop 93
09:33 LordAlfa: stopped
09:33 LordAlfa: Nett Zero
09:38 VO: l @ 92.50
09:38 LordAlfa: yep
09:40 koolblue: buying 791.25
09:40 koolblue: long one at 791.25
09:40 LordAlfa: L 90.75
09:40 VO: stopped
09:42 LordAlfa: over shot the 1 bar proj 90.50 by a lot
09:42 LordAlfa: stopped
09:42 LordAlfa: -2
09:43 LordAlfa: 88.50
09:43 VO: l @ 88
09:44 koolblue: stopped at 788.75...loss of 2.5
09:44 koolblue: getting long again here
09:45 koolblue: long one again from 788.50
09:45 koolblue: 2 point stop
09:47 LordAlfa: Another damned no fill day
09:47 LordAlfa: sat the like 2 min for 87.75
09:48 PT: 87.75 is the DeMark Pivot
09:48 LordAlfa: yes
09:51 VO: flat be
09:51 Margie: 778 15 min deadly
09:58 koolblue: out at 788.50...b.e.
10:01 koolblue: short one from 788.50
10:02 feng456: gm all
10:03 LordAlfa: S 90
10:06 VO: s @ 91.25
10:06 feng456: I got stopped
10:06 LordAlfa: stopped. avg did hold it
10:06 koolblue: stopped at 790.50..loss of 2
10:06 koolblue: down 4 on the day
10:07 LordAlfa: - 5.25
10:11 LordAlfa: S 91.25
10:12 VO: flat 89.25
10:12 LordAlfa: stop 92.50
10:13 PashaLV: I got a slippage here, on ES on 1 tick!
10:14 koolblue: short one at 789.25
10:21 koolblue: stopped out again...loss of 2
10:22 koolblue: down 6!!!
10:22 feng456: ok thjats two in a row ive missed now
10:22 feng456: ANGER
10:23 LordAlfa: I hate this. stop BE +1
10:24 feng456: stupid simulator...i got filled ABOVE the candle's wick
10:24 VO: s @ 90.25
10:25 LordAlfa: flat
10:25 LordAlfa: -5
10:30 VO: stopped
10:30 LordAlfa: S 92.75
10:30 koolblue: short one from 792.75
10:34 LordAlfa: 97.75
10:35 LordAlfa: flat +1. don't like it exceeding the 1 min 93.50
10:36 koolblue: out at 83.75 loss of one handle
10:42 LordAlfa: L 92.50
10:44 LordAlfa: stop 91.75
10:44 LordAlfa: 1 off 93.75
10:47 LordAlfa: stop 93.75
10:48 LordAlfa: flat 93.75
10:48 LordAlfa: -3 nett
10:55 LordAlfa: L 92
10:55 koolblue: back in 20 min
11:03 LordAlfa: 1 off 93.50
11:03 LordAlfa: stop 91
11:10 VO: s @ 95.25
11:12 LordAlfa: stop 93
11:16 VO: 1 @ 94.25
11:17 LordAlfa: stop 94
11:17 VO: flat 94.25
11:20 LordAlfa: stop 95
11:20 LordAlfa: flat
11:20 LordAlfa: +1.25
11:21 LordAlfa: Holes all over
11:26 VO: 98.50 = 50% of wave 3 down
11:28 LordAlfa: S 96
11:30 LordAlfa: 1 off 95
11:35 LordAlfa: stop BE +1
11:39 koolblue: buying 793.50
11:41 LordAlfa: stop 94.75
11:45 LordAlfa: flat
11:45 LordAlfa: +3.25
11:45 VO: l @ 94.50
11:47 LordAlfa: S 94.75
11:48 VO: 1 @ 95.50
11:50 koolblue: stop now at b.e. from a long at 793.50
11:51 LordAlfa: stop 96.25
11:51 gila: quiet today I think obamas flying then hell have jet lag
11:54 LordAlfa: stop
11:54 VO: stop be
11:54 LordAlfa: +1.25
11:54 LordAlfa: SOBs. stopped me and down again
11:56 VO: flat
11:57 LordAlfa: L 95
11:58 feng456: hey LA
11:58 feng456: remember that long right before close yesterday
11:58 LordAlfa: yes
11:59 feng456: it worked
11:59 feng456: really good
11:59 LordAlfa: not always
11:59 feng456: nothing always works...11:59 koolblue: out at 795.00...plus 1.5
11:59 koolblue: watching
12:00 LordAlfa: Taxes, birth, death always works
12:02 parson: now, if we can figure a way to trade on them...........
12:02 LordAlfa: stopped.
12:02 LordAlfa: -.50
12:05 megatron1981: long @ 93
12:06 LordAlfa: L 93.50
12:10 koolblue: ill buy anywhere between 90.50 and 91.25
12:15 megatron1981: sold @ 94.50
12:15 megatron1981: +1.5
12:17 LordAlfa: stop be +1
12:17 LordAlfa: flat
12:17 LordAlfa: nett Zero
12:18 LordAlfa: I believe in the 500 levels
12:20 LordAlfa: The pattern is an art not a science.
12:43 VO: s @ 94
12:44 LordAlfa: S 94
12:44 megatron1981: short @ 94.25
12:45 LordAlfa: stop 95
12:51 megatron1981: cover @ 93.75 +.50, 2.00 net
12:53 LordAlfa: stopped
12:53 LordAlfa: -.75
12:56 koolblue: short from 795.50
12:56 koolblue: 3 point stop
12:58 LordAlfa: S 95.50. stop 96.75
13:02 LordAlfa: stopped.
13:02 VO: stopped
13:03 LordAlfa: -1.25
13:03 LordAlfa: Lousy day again
13:03 LordAlfa: PWD, what is bigs doing? My stochastics and WilliamsR says over bought
13:04 megatron1981: short @ 97.25
13:06 megatron1981: cover @ 97 - phew...
13:08 LordAlfa: They are slowly grind the axe. Torture of stone to metal.
13:09 LordAlfa: 808
13:10 LordAlfa: globex 800.25
13:12 VO: selling 1 @ 99.25
13:15 LordAlfa: Thanks
13:16 LordAlfa: buying up the farm
13:16 LordAlfa: feng. I think you might want to sell near the close
13:19 gila: http://www.onlinetradercentral.com/presenter_090401.asp
http://www.onlinetradercentral.com/presenter_090401.asp rashke terry free webinar
13:21 LordAlfa: 1 min 99.50 met
13:21 LordAlfa: no fill.
13:22 LordAlfa: cancelled
13:24 LordAlfa: selling 98.50
13:26 VO: bidding 97.25
13:33 LordAlfa: stopped
13:33 LordAlfa: -2.5
13:33 karen: today is the last day of the quarter...could be window dressing going on
13:36 LordAlfa: And april is the first report card of the year. Whether we go up or down this year depends on this report card.
13:48 LordAlfa: L 99.50
13:50 LordAlfa: stop 98
13:54 LordAlfa: stopped
13:57 LordAlfa: -3.75
13:57 LordAlfa: Off to bed. Not a good week
13:57 LordAlfa: 22 trades.
13:58 prestwickdrive: sleep well LA. tomorrow is a fresh start
13:58 LordAlfa: bye
13:59 PashaLV: SY LA
13:59 Margie: anyone have 15 min at 801.50?
14:00 PashaLV: I know who has
14:10 Vast524: I have 802.25 from the low at 10:30 to the high at 10:45 Ninja time
14:18 VO: another f'n day of stupid trade
14:22 parson: precisely
14:25 Margie: Pt, what is your next objective for shorting?
14:26 Margie: Did not notice, PT is not in echat
14:29 Margie: short, Vast
14:30 Margie: ty both
14:33 karen: locals were getting short over 801-802...weak hands are covering with these little pops
14:33 karen: per the pit
14:39 VO: selling 7.25
14:46 VO: 7.75 = 161.8
14:46 icepick: selling 7.75 it's also R1
14:47 icepick: 807.83
14:51 gila: gaps from fri close
14:57 VO: shanging to 7.50
15:08 John: Thanks, PWD. I love that indicator.
15:14 VO: L 1 @ 1.75
15:19 VO: flat 3.25
15:19 prestwickdrive: nice VO
15:25 prestwickdrive: bigs +53k again
15:28 VO: s 1 @ 4.50
15:30 VO: prolly stoopid but looking for 1ish again
15:32 VO: stop be
15:32 prestwickdrive: bigs +48k now
15:32 prestwickdrive: +43k
15:32 VO: flat 99.50
15:33 VO: ty
15:33 Vast524: Well I traded that poorly. I am flat now. Should have left the 2nd to run
15:33 PashaLV: Great, VO..
15:36 TraderX: is obama speaking?
15:37 JackS65: Everyone have a great evening, see yo in the AM .
15:39 Vast524: If you are not skilled, then I haf NFI
15:45 prestwickdrive: bigs down to +28k
15:54 gila: prog buying
15:55 gila: gm lod
15:55 karen: what are the developing areas?
15:56 prestwickdrive: dva 95.5, both tpos and vol
15:58 PashaLV: Seee you tomorrow, friends !
16:00 John: Yes, it is.
16:00 Vast524: Are you still short form before VO? Well done if you are
16:00 John: I have 353K contracts on that last 1-min bar.
16:00 Vast524: Like me lol
16:03 John: My eSignal shows over 200K on the 15:59 bar.
16:03 palmer: 766.50
16:05 Haku: bye, alll...
16:07 John: For some reason eSignal is showing exactly twice what you guys have.
16:09 palmer: do you use regualr volume
16:11 palmer: those are huge volume down
16:11 kittste: Hey guys, just out of interest, how many years have you all been trading?
16:11 palmer: around 4:00
16:12 VO: 8 years and counting for a living
16:12 kittste: How long did it take you before you could do it for a living, if you don't mind me asking.
16:13 palmer: 9 yrs
16:14 kittste: That's awesome. Lot's of experience then.
16:15 Margie: everyone have a good evening. Thanks for everything
16:15 Margie: Today not so good, but tomorrow another day
16:21 John: VO how many years before you did it for a living? I mean, how many years before those last 8 before you were 'there'?
08:08 akola: do u guyz see rising wedge on 5 min chart?
08:32 PT: sounds about right akola, its a channel between the two fib bands
08:36 Margie: Good Morning
08:37 Margie: Anyone with Ninja problems this morniing?
08:41 Margie: Nation wide problem I am told with Ninja.
08:41 Margie: They say it is just the initial connectivity
08:41 Margie: If you can get on stay on
08:41 Margie: the server in NY is down
08:41 palmer: my ninja is ok
08:41 palmer: what is the problem
08:41 Margie: was wondering if anyone knew a trick to signing on?
08:42 Margie: I turn my computer off at night
08:42 Margie: I guess I shoulda stayed on last night :)
08:43 Margie: Well whatever you do dont sign off
08:44 Margie: Whats that PT
08:44 Margie: the virus, PT
08:45 palmer: yyep search yahoo
08:45 palmer: they had a feature on it
08:45 palmer: the virus
08:46 PT: http://www.eweek.com/c/a/Security/DHS-Releases-Conficker-Worm-Detection-Tool-540662/
08:49 PT: http://www.channelinsider.com/c/a/Security/Conficker-Dont-Be-Made-a-Fool-April-1-733488/
08:52 LordAlfa: gm
08:55 PT: gm Alfa
09:02 LordAlfa: Conficker. Too much publicity on it.
09:07 PashaLV: Morning friends!
09:08 LordAlfa: gm pasha
09:09 LordAlfa: S 92.25
09:12 LordAlfa: stop 93
09:33 LordAlfa: stopped
09:33 LordAlfa: Nett Zero
09:38 VO: l @ 92.50
09:38 LordAlfa: yep
09:40 koolblue: buying 791.25
09:40 koolblue: long one at 791.25
09:40 LordAlfa: L 90.75
09:40 VO: stopped
09:42 LordAlfa: over shot the 1 bar proj 90.50 by a lot
09:42 LordAlfa: stopped
09:42 LordAlfa: -2
09:43 LordAlfa: 88.50
09:43 VO: l @ 88
09:44 koolblue: stopped at 788.75...loss of 2.5
09:44 koolblue: getting long again here
09:45 koolblue: long one again from 788.50
09:45 koolblue: 2 point stop
09:47 LordAlfa: Another damned no fill day
09:47 LordAlfa: sat the like 2 min for 87.75
09:48 PT: 87.75 is the DeMark Pivot
09:48 LordAlfa: yes
09:51 VO: flat be
09:51 Margie: 778 15 min deadly
09:58 koolblue: out at 788.50...b.e.
10:01 koolblue: short one from 788.50
10:02 feng456: gm all
10:03 LordAlfa: S 90
10:06 VO: s @ 91.25
10:06 feng456: I got stopped
10:06 LordAlfa: stopped. avg did hold it
10:06 koolblue: stopped at 790.50..loss of 2
10:06 koolblue: down 4 on the day
10:07 LordAlfa: - 5.25
10:11 LordAlfa: S 91.25
10:12 VO: flat 89.25
10:12 LordAlfa: stop 92.50
10:13 PashaLV: I got a slippage here, on ES on 1 tick!
10:14 koolblue: short one at 789.25
10:21 koolblue: stopped out again...loss of 2
10:22 koolblue: down 6!!!
10:22 feng456: ok thjats two in a row ive missed now
10:22 feng456: ANGER
10:23 LordAlfa: I hate this. stop BE +1
10:24 feng456: stupid simulator...i got filled ABOVE the candle's wick
10:24 VO: s @ 90.25
10:25 LordAlfa: flat
10:25 LordAlfa: -5
10:30 VO: stopped
10:30 LordAlfa: S 92.75
10:30 koolblue: short one from 792.75
10:34 LordAlfa: 97.75
10:35 LordAlfa: flat +1. don't like it exceeding the 1 min 93.50
10:36 koolblue: out at 83.75 loss of one handle
10:42 LordAlfa: L 92.50
10:44 LordAlfa: stop 91.75
10:44 LordAlfa: 1 off 93.75
10:47 LordAlfa: stop 93.75
10:48 LordAlfa: flat 93.75
10:48 LordAlfa: -3 nett
10:55 LordAlfa: L 92
10:55 koolblue: back in 20 min
11:03 LordAlfa: 1 off 93.50
11:03 LordAlfa: stop 91
11:10 VO: s @ 95.25
11:12 LordAlfa: stop 93
11:16 VO: 1 @ 94.25
11:17 LordAlfa: stop 94
11:17 VO: flat 94.25
11:20 LordAlfa: stop 95
11:20 LordAlfa: flat
11:20 LordAlfa: +1.25
11:21 LordAlfa: Holes all over
11:26 VO: 98.50 = 50% of wave 3 down
11:28 LordAlfa: S 96
11:30 LordAlfa: 1 off 95
11:35 LordAlfa: stop BE +1
11:39 koolblue: buying 793.50
11:41 LordAlfa: stop 94.75
11:45 LordAlfa: flat
11:45 LordAlfa: +3.25
11:45 VO: l @ 94.50
11:47 LordAlfa: S 94.75
11:48 VO: 1 @ 95.50
11:50 koolblue: stop now at b.e. from a long at 793.50
11:51 LordAlfa: stop 96.25
11:51 gila: quiet today I think obamas flying then hell have jet lag
11:54 LordAlfa: stop
11:54 VO: stop be
11:54 LordAlfa: +1.25
11:54 LordAlfa: SOBs. stopped me and down again
11:56 VO: flat
11:57 LordAlfa: L 95
11:58 feng456: hey LA
11:58 feng456: remember that long right before close yesterday
11:58 LordAlfa: yes
11:59 feng456: it worked
11:59 feng456: really good
11:59 LordAlfa: not always
11:59 feng456: nothing always works...11:59 koolblue: out at 795.00...plus 1.5
11:59 koolblue: watching
12:00 LordAlfa: Taxes, birth, death always works
12:02 parson: now, if we can figure a way to trade on them...........
12:02 LordAlfa: stopped.
12:02 LordAlfa: -.50
12:05 megatron1981: long @ 93
12:06 LordAlfa: L 93.50
12:10 koolblue: ill buy anywhere between 90.50 and 91.25
12:15 megatron1981: sold @ 94.50
12:15 megatron1981: +1.5
12:17 LordAlfa: stop be +1
12:17 LordAlfa: flat
12:17 LordAlfa: nett Zero
12:18 LordAlfa: I believe in the 500 levels
12:20 LordAlfa: The pattern is an art not a science.
12:43 VO: s @ 94
12:44 LordAlfa: S 94
12:44 megatron1981: short @ 94.25
12:45 LordAlfa: stop 95
12:51 megatron1981: cover @ 93.75 +.50, 2.00 net
12:53 LordAlfa: stopped
12:53 LordAlfa: -.75
12:56 koolblue: short from 795.50
12:56 koolblue: 3 point stop
12:58 LordAlfa: S 95.50. stop 96.75
13:02 LordAlfa: stopped.
13:02 VO: stopped
13:03 LordAlfa: -1.25
13:03 LordAlfa: Lousy day again
13:03 LordAlfa: PWD, what is bigs doing? My stochastics and WilliamsR says over bought
13:04 megatron1981: short @ 97.25
13:06 megatron1981: cover @ 97 - phew...
13:08 LordAlfa: They are slowly grind the axe. Torture of stone to metal.
13:09 LordAlfa: 808
13:10 LordAlfa: globex 800.25
13:12 VO: selling 1 @ 99.25
13:15 LordAlfa: Thanks
13:16 LordAlfa: buying up the farm
13:16 LordAlfa: feng. I think you might want to sell near the close
13:19 gila: http://www.onlinetradercentral.com/presenter_090401.asp
http://www.onlinetradercentral.com/presenter_090401.asp rashke terry free webinar
13:21 LordAlfa: 1 min 99.50 met
13:21 LordAlfa: no fill.
13:22 LordAlfa: cancelled
13:24 LordAlfa: selling 98.50
13:26 VO: bidding 97.25
13:33 LordAlfa: stopped
13:33 LordAlfa: -2.5
13:33 karen: today is the last day of the quarter...could be window dressing going on
13:36 LordAlfa: And april is the first report card of the year. Whether we go up or down this year depends on this report card.
13:48 LordAlfa: L 99.50
13:50 LordAlfa: stop 98
13:54 LordAlfa: stopped
13:57 LordAlfa: -3.75
13:57 LordAlfa: Off to bed. Not a good week
13:57 LordAlfa: 22 trades.
13:58 prestwickdrive: sleep well LA. tomorrow is a fresh start
13:58 LordAlfa: bye
13:59 PashaLV: SY LA
13:59 Margie: anyone have 15 min at 801.50?
14:00 PashaLV: I know who has
14:10 Vast524: I have 802.25 from the low at 10:30 to the high at 10:45 Ninja time
14:18 VO: another f'n day of stupid trade
14:22 parson: precisely
14:25 Margie: Pt, what is your next objective for shorting?
14:26 Margie: Did not notice, PT is not in echat
14:29 Margie: short, Vast
14:30 Margie: ty both
14:33 karen: locals were getting short over 801-802...weak hands are covering with these little pops
14:33 karen: per the pit
14:39 VO: selling 7.25
14:46 VO: 7.75 = 161.8
14:46 icepick: selling 7.75 it's also R1
14:47 icepick: 807.83
14:51 gila: gaps from fri close
14:57 VO: shanging to 7.50
15:08 John: Thanks, PWD. I love that indicator.
15:14 VO: L 1 @ 1.75
15:19 VO: flat 3.25
15:19 prestwickdrive: nice VO
15:25 prestwickdrive: bigs +53k again
15:28 VO: s 1 @ 4.50
15:30 VO: prolly stoopid but looking for 1ish again
15:32 VO: stop be
15:32 prestwickdrive: bigs +48k now
15:32 prestwickdrive: +43k
15:32 VO: flat 99.50
15:33 VO: ty
15:33 Vast524: Well I traded that poorly. I am flat now. Should have left the 2nd to run
15:33 PashaLV: Great, VO..
15:36 TraderX: is obama speaking?
15:37 JackS65: Everyone have a great evening, see yo in the AM .
15:39 Vast524: If you are not skilled, then I haf NFI
15:45 prestwickdrive: bigs down to +28k
15:54 gila: prog buying
15:55 gila: gm lod
15:55 karen: what are the developing areas?
15:56 prestwickdrive: dva 95.5, both tpos and vol
15:58 PashaLV: Seee you tomorrow, friends !
16:00 John: Yes, it is.
16:00 Vast524: Are you still short form before VO? Well done if you are
16:00 John: I have 353K contracts on that last 1-min bar.
16:00 Vast524: Like me lol
16:03 John: My eSignal shows over 200K on the 15:59 bar.
16:03 palmer: 766.50
16:05 Haku: bye, alll...
16:07 John: For some reason eSignal is showing exactly twice what you guys have.
16:09 palmer: do you use regualr volume
16:11 palmer: those are huge volume down
16:11 kittste: Hey guys, just out of interest, how many years have you all been trading?
16:11 palmer: around 4:00
16:12 VO: 8 years and counting for a living
16:12 kittste: How long did it take you before you could do it for a living, if you don't mind me asking.
16:13 palmer: 9 yrs
16:14 kittste: That's awesome. Lot's of experience then.
16:15 Margie: everyone have a good evening. Thanks for everything
16:15 Margie: Today not so good, but tomorrow another day
16:21 John: VO how many years before you did it for a living? I mean, how many years before those last 8 before you were 'there'?
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